Article XVI.
School and Granted Lands

Section 5. Investment of Permanent Common School Fund

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196618941889

Investment of Permanent Common School Fund

The permanent common school fund of this state may be invested as authorized by law.

196618941889

Investment of Permanent Common School Fund

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, municipal or school district bonds.

196618941889

Investment of Permanent Common 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.

Redlined Comparison between 1889 and 1894 Amendment

Removed from 1889 Added to 1894

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