Section 13-51A-27 - Sale of bonds--Minimum price.

13-51A-27. Sale of bonds--Minimum price. All bonds issued under this chapter shall be sold for such price or prices as the board shall determine but at not less than ninety-five percent of par except refunding bonds exchanged on a par for par basis as hereinafter provided.

Source: SL 1971, ch 134, § 4 (A).