57-233. SALE OF BONDS — ELECTRONIC BIDDING. Whenever a public entity is authorized to sell bonds, notes or other obligations at public sale, the governing body may, in its discretion, provide for the sale of such bonds, notes or other obligations pursuant to any system of electronic bidding which the governing body, in the exercise of its sound discretion, deems fair to potential bidders which produces the lowest effective interest rate to the issuer.
History:
[57-233, added 2001, ch. 264, sec. 6, p. 970.]
Structure Idaho Code
Title 57 - PUBLIC FUNDS IN GENERAL
Chapter 2 - MUNICIPAL BOND LAW
Section 57-201 - TITLE OF ACT.
Section 57-202 - APPLICATION OF ACT — DEFINITIONS.
Section 57-203 - AUTHORIZATION OF BONDS.
Section 57-204 - BONDS — FORM AND RECITALS.
Section 57-205 - BONDS — EXECUTION AND SIGNING.
Section 57-206 - BONDS — INTEREST COUPONS — FORM AND RECITALS.
Section 57-207 - BONDS — DENOMINATION.
Section 57-208 - BONDS — INTEREST RATE.
Section 57-209 - BONDS AND INTEREST COUPONS — WHERE PAYABLE.
Section 57-210 - BONDS — MAXIMUM TERM.
Section 57-211 - BONDS — AMORTIZED MATURITIES.
Section 57-212 - BONDS FOR EACH PURPOSE A DISTINCT SERIES.
Section 57-213 - BONDS — REGISTRATION.
Section 57-214 - SALE OF BONDS — PROCEDURE — MINIMUM PRICE.
Section 57-215 - SALE OF BONDS — NOTICE AND REQUEST FOR BIDS — PUBLICATION.
Section 57-219 - REGISTRATION OF BONDS — LIABILITY OF TREASURER.
Section 57-220 - APPLICATION OF PROCEEDS.
Section 57-222 - TAX LEVIES AND SINKING FUND.
Section 57-223 - SEPARABILITY.
Section 57-225 - BONDS ISSUED UNDER FORMER LAWS.
Section 57-226 - EFFECTIVE DATE OF ACT.
Section 57-228 - BONDS — AMORTIZED MATURITIES.
Section 57-229 - “ISSUER” DEFINED.
Section 57-230 - POWERS OF ISSUER.
Section 57-232 - SALE OF BONDS — DEFINITION OF PRIVATE SALE.
Section 57-233 - SALE OF BONDS — ELECTRONIC BIDDING.
Section 57-234 - CREATION AND PERFECTION OF GOVERNMENT SECURITY INTERESTS.