58:5-45 - Sale of bonds
58:5-45.Ā Sale of bonds
Bonds of a commission may be sold by the commission at public or private sale at such price or prices as the commission shall determine;Ā provided, however, that the interest cost to maturity of the money received for any issueĀ of bonds (computed according to standard tables of bond values) shall notĀ exceed 6% per annum.
L.1962, c. 167, s. 15.
Ā
Bonds of a commission may be sold by the commission at public or private sale at such price or prices as the commission shall determine;Ā provided, however, that the interest cost to maturity of the money received for any issueĀ of bonds (computed according to standard tables of bond values) shall notĀ exceed 6% per annum.
L.1962, c. 167, s. 15.
Ā