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75-13
75.13 SALE OF BONDS AT PRIVATE SALE.
Any other provisions of this chapter or any other law to the
contrary notwithstanding, if the principal amount of an issue of
public revenue bonds is fifteen million dollars or greater, the
official or governing body in charge of the bond sale may, if the
official or governing body deems it advisable and in the best
interests of the public, sell the bonds at private sale without the
necessity of public advertisement or the taking of competitive bids
and at a price above, at, or below par, plus accrued interest, as the
official or governing body deems advisable and in the best interests
of the public. Section History: Early Form
[81 Acts, ch 40, § 1]
