The county treasurers of the various counties of the State may invest the sinking funds of the school districts of their respective counties in United States Defense Bonds and Defense Securities upon the written request of the county superintendent of education and a majority of the trustees of the school district whose funds are to be invested.
HISTORY: 1962 Code Section 21-990; 1952 Code Section 21-990; 1942 (42) 1549.