Section 279.26. Lease arrangements.

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The board of directors of a local school district for which a voter-approved physical plant and equipment levy has been voted pursuant to section 298.2, may enter into a rental or lease arrangement, consistent with the purposes for which the voter-approved physical plant and equipment levy has been voted, for a period not exceeding ten years and not exceeding the period for which the voter-approved physical plant and equipment levy has been authorized by the voters.
[C75, §279.23; C77, 79, 81, §279.26]
89 Acts, ch 135, §73

                    
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