(a) The bonds may be sold in such manner and at such prices, including sale at discount, as the county jail board, municipal jail board, or public instrumentality jail board may accept.
(b) The proceeds derived from the sale of revenue bonds by the board under the provisions of this subchapter shall be deposited into a board jail fund and shall be used for the purposes of constructing or expanding jails, and for all other expenses incidental to the issuance of the bonds, as authorized in this subchapter.
Section: Previous 12-41-702 12-41-703 12-41-704 12-41-705 12-41-706 12-41-707 12-41-708 12-41-709 12-41-710 12-41-711 12-41-712 12-41-713 12-41-714 12-41-715 12-41-716 NextLast modified: November 15, 2016