Any county board of education borrowing money under this part shall borrow it at as low a rate of interest as possible. The county board is authorized to pay the interest on the money out of the public school fund for the county.
(Ga. L. 1919, p. 288, § 98; Code 1933, § 32-924.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 63C Am. Jur. 2d, Public Officers and Employees, §§ 247, 249.
C.J.S.- 78A C.J.S., Schools and School Districts, § 707 et seq.