No bonds or negotiable notes issued by any school district in order to comply with the provisions of Section 37-47-15, shall be included in computing the debt limits established in Sections 37-59-5, 37-59-7.
Bonds and notes excluded for purposes of computing limitations of indebtedness
Miss. Code Ann. § 37-59-9, under Authority to Issue Bonds, Notes and Certificates of Indebtedness.
Miss. Code Ann. § 37-59-9