Restrictions on alienation or encumbrance

No portion of the system may be alienated or encumbered, directly or indirectly, in whole or in part, except in accordance with the procedures set forth in § 15-20-314 . Acts 1973, No. 112, § 14; A.S.A. 1947, § 9-1414. No portion of the system may be alienated or encumbered, directly or indirectly, in whole or in part, except in accordance with the procedures set forth in § 15-20-314 . Acts 1973, No. 112, § 14; A.S.A. 1947, § 9-1414.