Sec. 3-76f. Terms of special obligation bonds determined by State Treasurer.
Sec. 3-76f. Terms of special obligation bonds determined by State Treasurer.
Special obligation bonds shall be issued from time to time in accordance with and as
described in a bond determination or determinations made, signed and filed prior to
their issuance by the Treasurer as provided in subsection (a) of section 3-76d and shall
bear such date or dates, mature at such time or times not exceeding forty years from their
respective dates, bear interest payable at such rate or rates, be in such denominations, be
in such form, be either serial or term bonds or any combination thereof, either coupon
or registered, carry such registration, conversion and transfer privileges, be payable in
such medium of payment and at such place or places, be subject to such terms of redemption with or without premium by operation of a sinking fund or otherwise and be sold
at public or private sale at such price or prices and delivered at such times and on such
terms, as such determination or determinations may provide and as the Treasurer shall
determine shall be in the best interest of the state.
(P.A. 73-591, S. 6, 21.)