Before selling an issue or series of bonds, the state bond committee shall give notice inviting sealed bids in a manner that it may prescribe. If satisfactory bids are received, the bonds offered for sale shall be awarded to the highest responsible bidder. If the state bond committee determines that the bids received are not satisfactory as to price or responsibility of the bidders, it may reject all bids received.
Section: Previous 37.15.010 37.15.011 37.15.012 37.15.015 37.15.020 37.15.030 37.15.040 37.15.050 37.15.060 37.15.070 37.15.080 37.15.090 37.15.100 37.15.110 37.15.120 NextLast modified: November 15, 2016