RS 17:2196.9 Issuance of bonds under annual interest grants with u.s. commissioner of education
§2196.9. Issuance of bonds under annual interest grants with U.S. Commissioner of Education
Notwithstanding any other provisions of Subpart C of Part 1 of Chapter 11 of Title 17, after July 13, 1970, the board through the State Bond Commission as created by R.S. 39:1401-39:1406 is hereby authorized to issue and sell bonds under the provisions of said Subpart C for the purposes therein if the issuing board shall have entered into an annual interest grant agreement with the U.S. Commissioner of Education under Title 3 of the 1963 Act as amended on a portion of the bonds to be issued under Subpart C hereof.
Added by Acts 1970, No. 283, §1, emerg. eff. July 13, 1970 at 2:40 P.M.