SEC. 37-7-433. Execution of conveyance of school property by president and secretary of board.

Upon being authorized by a resolution of the school board as is provided by Section 37-7-431, the president and secretary shall be authorized and empowered to execute, for and on behalf of the school district, a conveyance of the school property for the purposes, upon the terms and conditions provided and specified by the school board, and for the consideration of the execution of a deed to the * * * lands exchanged. It shall not be necessary or requisite that competitive bids be advertised for or received in connection with such exchange of property.

SOURCES: Codes, 1942, Sec. 6328-122; Laws, 1966, Ex Sess, ch. 30, Sec. 2; 1986, ch. 492, Sec. 28; 1989, ch. 550, Sec. 2, eff from and after July 1, 1990. Amended by Laws 2000, Ch. 370, Sec. 1, SB2487, eff. July 1, 2000.

PREVIOUS VERSIONS: Pre-2000