§ 21-13-503 — Election on issuance of bonds; discontinuance of tax levy

At any time after the raising of a building fund has been
commenced by any school district, the board of school trustees
may submit to the electors of the district, as provided for bond
elections by the Political Subdivision Bond Election Law, W.S.
22-21-101 through 22-21-112, the question whether the board
shall be authorized to issue coupon bonds of the district, but
in no case shall the amount of bonds exceed the bonded
indebtedness permitted by law. If the bonds are authorized, the
annual building fund levy shall be discontinued by the board of
county commissioners when the levy is commenced for payment of
the bonds.