The issue, which was prompted by concern from a board member, comes months after a state decision that allows school boards to chose whether their system will post the Ten Commandments.
The N.C. General Assembly recently passed a bill that serves as an amendment to the Student Citizenship Act of 2001.
The bill states that a variety of documents can be posted by the school systems if they are of historic significance.
The proposal was struck down by the board less than 15 minutes after attorney Mike Parker expressed concerns that the board might face legal and financial consequences.
Parker discussed possible ramifications for posting the Ten Commandments and showed the board members cases of past school board attempts to post the documents.
"Only one case of posting the Ten Commandments in schools was not struck down," Parker said.
The decision to post also could come directly under fire by special interest groups such as the American Civil Liberties Union.
Deborah Ross, executive director of the N.C. ACLU in Raleigh, said the state law provides both incorrect and incomplete information on the posting of the Ten Commandments in public schools.
"The ACLU is willing to pursue legal action if they post the Ten Commandments in schools," Ross said. "The Ten Commandments don't apply under the historic display law."