Any school board may borrow money, from any source willing to lend the money, by issuing a promissory note subject to the limitations and regulations set forth in §§ 13-19-2 to 13-19-6 , inclusive. All notes shall be authorized, issued, and sold in accordance with the provisions of chapter 6-8B , except that no election shall be held and the notes may not be issued for a term in excess of twenty - four consecutive months.
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