Section 195-G:4 Negotiated Sale of Bonds.
No college savings bonds shall be sold at a negotiated sale unless the underwriter or underwriters to which such bonds are sold:
I. Are organized, incorporated or have their principal place of business in the state; or
II. In the judgment of the state treasurer, have sufficient capability to make a broad distribution of such bonds to investors residing in the state.
Source. 1989, 394:1, eff. Aug. 4, 1989.