§ 195-g-4

195-G:4 Negotiated Sale of Bonds. – No college savings bonds shall be sold at a negotiated sale unless the underwriter or underwriters to which such bonds are sold: I. Are organized, incorporated or have their principal place of business in the state; or II. In the judgment of the state treasurer, have sufficient capability to make a broad distribution of such bonds to investors residing in the state. Source. 1989, 394:1, eff. Aug. 4, 1989.