Section 16-11-27
Boards of education of certain cities may insure school buildings, property, etc., in fund.
Any city board of education of a city whose population does not exceed 60,000 according to the most recent federal census may insure against loss by fire or tornado all school buildings and property, equipment, furniture or supplies belonging to such buildings or stored therein which are used or held in trust by such board for school purposes in the State Insurance Fund under the same terms and upon the same conditions as properties of county school systems are insured.
(Acts 1947, No. 672, p. 514, § 1.)