9-21-607 - Method of sale of three-year capital outlay notes and seven-year capital outlay notes.

9-21-607. Method of sale of three-year capital outlay notes and seven-year capital outlay notes.

Notes authorized to be issued under §§ 9-21-604 and 9-21-605 may be sold in such manner either at a competitive public sale or at a private negotiated sale as the governing body of the local government may direct.

[Acts 1986, ch. 770, § 6-7.]