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AGO OPINION TOPIC: USE OF PRINCIPAL AND/OR INCOME AS BASE FOR SCHOOL CONSTRUCTION BOND ISSUE

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AGO 1963 NO. 6 > Jan 23 1963
LEGISLATURE ‑- PERMANENT SCHOOL FUND ‑- USE OF PRINCIPAL AND/OR INCOME AS BASE FOR SCHOOL CONSTRUCTION BOND ISSUE ‑- CONSTITUTIONALITY

A legislative enactment providing for the use of the principal and/or income of the state common school fund as a base for a school construction bond issue would be unconstitutional.

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