If any general obligation refunding bonds are to be sold pursuant to a commitment of a state or federal agency to purchase the same, such bonds may be sold at a private negotiated sale to the state or federal agency without the necessity of any public advertisement of the sale or of the approval of the comptroller of the treasury or the comptroller's designee.
Structure 2021 Tennessee Code
Chapter 21 - Local Government Public Obligations Act of 1986
Part 9 - General Obligation Refunding Bonds
§ 9-21-902. Determination by Governing Body to Be Conclusive
§ 9-21-905. Initial Resolution and Election Requirements — When Required
§ 9-21-906. Sale of General Obligation Refunding Bonds at Below Par Value
§ 9-21-908. Limitation on Maturity of Bonds to Be Refunded
§ 9-21-909. Installment Sales and Exchanges
§ 9-21-910. Sale of General Obligation Refunding Bonds — Notices — Agreement to Sell
§ 9-21-911. Sale of General Obligation Refunding Bonds to a State or Federal Agency
§ 9-21-912. Notice of Refunding
§ 9-21-913. Notice of Redemption
§ 9-21-915. Powers to Secure and to Covenant as to General Obligation Refunding Bonds
§ 9-21-916. Remedies of General Obligation Refunding Bondholders