Section 11-7-97 - Private or public sale of bonds--Notice of sale

11-7-97. Private or public sale of bonds--Notice of sale.The bonds issued by a commission may be sold at private sale or at public sale to the highest bidder after notice of sale has been published once each week for at least two successive weeks in a legal newspaper published in the county where the commission is located. The notice shall specify the time and place of the sale. Source: SL 1950 (SS), ch 13, §22; SDC Supp 1960, §45.3622; SL 1972, ch 35, §7; SL 1984, ch 43, §99.