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Section 11-9-40 - Sale of bonds or notes--Other municipal bonding provisions applicable.

11-9-40. Sale of bonds or notes--Other municipal bonding provisions applicable. Tax incremental bonds or notes may be sold at public or private sale at a price which the governing body deems in the best interests of the municipality. Insofar as they are consistent with this chapter, the provisions of chapter 9-25 relating to procedures for issuance, form, contents, execution, negotiation, and registration of municipal bonds and notes shall be followed.

Source: SL 1978, ch 91, § 23; SL 1983, ch 37, § 12.

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