49-50-307. Expenditures.
To the end that a unified state educational television network may be located, established, constructed and operated in this state for the benefit of the pupils in the public schools in this state and for the benefit of out-of-school adults, the state board of education, through its executive officer, is authorized to expend or obligate, or both, for the purposes of this part:
(1) Current funds or capital funds that may be appropriated or may hereafter be appropriated by the general assembly for the purposes of this part;
(2) Federal funds that are or may be made available for the purposes of this part; and
(3) Local funds or contributions that may be made available for the purposes of this part.
[Acts 1963, ch. 168, § 7; 1969, ch. 6, § 2; T.C.A., § 49-3807.]