21-193 - How sold.
§ 21-193. How sold.
Such bonds may be sold at public or private sale for such price or prices asthe commission shall determine, provided the interest cost to maturity of themoney received from any such bonds simultaneously sold shall not exceed anaverage of six per centum per annum.
(1938, p. 519; 1942, p. 605; Michie Code 1942, § 1560oo.)