Tennessee Code 7-37-111 – Sale of bonds
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Tennessee Code 7-37-111
- Governing body: means bodies and boards, by whatsoever names they may be known, charged with the governing of a municipality. See Tennessee Code 7-37-102
Bonds may be sold in such manner and upon such terms as may be deemed advisable by the governing body; provided, that bonds for refunding purposes shall not be sold at less than ninety-seven percent (97%) of par value and accrued interest.