Investment of permanent common school fund
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The permanent common school fund of this state may be invested as authorized by law.
- [AMENDMENT 44, 1965 ex.s. Senate Joint Resolution No. 22, part 2, p 2817. Approved November 8, 1966.]
Amendment 1 (1894) - Art. 16 Section 5 INVESTMENT OF SCHOOL FUND - None of the permanent school fund of this state shall ever be loaned to private persons or corporations, but it may be invested in national, state, county, municipal or school district bonds. [AMENDMENT 1, 1893 p 9 Section 1. Approved November, 1894.]
Original text - Art. 16 Section 5 INVESTMENT OF PERMANENT SCHOOL FUND - None of the permanent school fund shall ever be loaned to private persons or corporations, but it may be invested in national, state, county or municipal bonds.
Funds for support of education: Art. 9 Section 3.
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