Article VIII.
Municipal and Other Corporations

Section 10. Loans of public money to or ownership of stock in certain corporations by county or municipal corporation prohibited

Loans of public money to or ownership of stock in certain corporations by county or municipal corporation prohibited

No county, city, town, or other municipal corporation shall become a stockholder in any joint stock company, corporation or association whatever, or loan its credit in aid of any such company, corporation or association, except, rail-road corporations, companies or associations.

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