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.Codes, 1942, § 6328-122; Laws, 1966, Ex Sess, ch. 30, § 2; Laws, 1986, ch. 492, § 28; Laws, 1989, ch. 550, § 2; Laws, 2000, ch. 370, § 1, eff. 7/1/2000.
Mississippi Legal Code