Opinion No. ( 1954 )

OPINION — AG — THE PROCEEDS OF THE SCHOOL DISTRICT BONDS REFERRED TO IN YOUR LETTER (SINKING FUND FOR PAYMENT OF BONDS) MAY, PENDING DISPOSITION OF THE LAND TITLE MATTER, BE INVESTED, BY THE BOARD OF EDUCATION OF THE SCHOOL DISTRICT, IN UNITED STATES GOVERNMENT BONDS. CITE: 70 O.S. 15-15 [70-15-15] (SECURITIES) (J. H. JOHNSON)