(a) The bonds may be sold for such price including, without limitation sale at a discount, and at such rate of interest and in such manner as the board may determine by resolution.
(b) The bonds or certificates of indebtedness may be sold to any bank, savings and loan association, or other financial institution regulated by an agency of the state in which it is incorporated, or the federal government, notwithstanding the fact that a director, officer, employee, or shareholder of the financial institution is a member of the board of the district. The provisions of ยงยง 14-88-309, 14-88-310, 14-88-402 shall not apply to any such transaction.
Section: Previous 14-184-204 14-184-205 14-184-206 14-184-207 14-184-208 14-184-209 14-184-210 14-184-211 14-184-212 14-184-213 14-184-214 14-184-215 14-184-216 14-184-217 NextLast modified: November 15, 2016