§ 15.1-09-43 — Purchase of schoolbus - Payment period

The board of a school district may purchase a bus body, a chassis, or a complete bus,
provided the body, chassis, or complete bus meets standards provided by section 39-21-27.1. A
board may use money in its general fund to purchase a bus body, a chassis, or a complete bus
on an installment plan, provided the plan does not extend beyond six years.