298.21 School bonds. The board of directors of any school corporation when authorized by the voters at an election held on a date specified in section 39.2, subsection 4, paragraph 'd', may issue the negotiable, interest-bearing school bonds of the corporation for borrowing money for any or all of the following purposes: 1. To acquire sites for school purposes. 2. To erect, complete, or improve buildings authorized for school purposes. 3. To acquire equipment for schools, sites, and buildings. [S13, §2812-d; C24, 27, 31, 35, 39, §4406; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §298.21] 2008 Acts, ch 1115, §52, 71; 2023 Acts, ch 71, §122, 136 Vote required to authorize bonds, §75.1 2023 amendment to unnumbered paragraph 1 applies July 1, 2023, for elections on propositions relating to the issuing of bonds or other indebtedness occurring on or after that date; 2023 Acts, ch 71, §136 Unnumbered paragraph 1 amended
Iowa Legal Code