9-21-204 - Sale of general obligation bonds to a state or federal agency. - Tennessee Statutes

9-21-204. Sale of general obligation bonds to a state or federal agency.

If any general obligation bonds are to be sold pursuant to a commitment of a state or federal agency to purchase the same, such bonds may be sold at a private negotiated sale to the state or federal agency without the necessity of any public advertisement of the sale or of the approval of the state director of local finance.

[Acts 1986, ch. 770, § 2-4; 2005, ch. 393, § 3.]