SEC. 37-59-45. Article as sole authority for incurring of indebtedness.
No interest-bearing indebtedness shall hereafter be incurred by any such school district except in the manner provided in this article or as may otherwise be provided by law.
SOURCES: Codes, 1942, Sec. 6532-17; Laws, 1950, ch. 231, Sec. 17, eff from and after July 1, 1950.