Statutes > Tennessee Statutes > Title 9 - Public Finances > Chapter 21 - Local Government Public Obligations Law > Part 7 - Grant Anticipation Notes > 9-21-703 - Method of sale of grant anticipation notes.

9-21-703 - Method of sale of grant anticipation notes.

9-21-703. Method of sale of grant anticipation notes.

Grant anticipation notes 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, § 7-3.]