37-59-9 - Bonds and notes excluded for purposes of computing limitations of indebtedness. - Mississippi Statutes

§ 37-59-9. Bonds and notes excluded for purposes of computing limitations of indebtedness.
 

No bonds or negotiable notes issued by any school district in order to comply with the provisions of Section 37-47-15, shall be included in computing the debt limits established in Sections 37-59-5, 37-59-7. 
 

Sources: Codes, 1942, § 6532-02; Laws,  1950, ch. 231, § 2; Laws, 1955, Ex Sess, chs. 52, 60; Laws, 1962, ch. 361; Laws, 1968, ch. 403, § 1, eff from and after passage (approved July 26, 1968).