All such notes issued by a school district shall be signed by the president of the school board and countersigned by the superintendent of schools, and the seal of the school district shall be impressed on each note as it is issued. The interest on said notes may be evidenced by proper coupons attached thereto and such coupons may bear only the facsimile signatures of the president of the school board and the superintendent of schools. Such notes shall be issued in such form and in such denominations as the school board shall determine. All of said notes shall be registered by the superintendent of schools in a book kept by him in his office for that purpose.
Where bonds are issued by the school board the manner of issuance and the form thereof shall be in compliance with the provisions of Sections 37-59-1 through 37-59-45.
Structure Mississippi Code
Chapter 41 - Transportation of Pupils
Purchase of School Transportation Equipment and Employment of Drivers
§ 37-41-81. General grant of authority
§ 37-41-83. Power to expend funds
§ 37-41-85. Purchases to be in manner prescribed by regulations
§ 37-41-89. Authority to borrow money
§ 37-41-91. Issuance of negotiable notes or bonds authorized
§ 37-41-93. Maturity; interest
§ 37-41-95. Manner of issuance and form thereof
§ 37-41-97. Deposit and use of proceeds
§ 37-41-99. Payment of principal and interest on notes and bonds
§ 37-41-103. Promulgation of rules and regulations by state board of education