Sale of general obligation bonds to a state or federal agency

If any general obligation 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. Acts 1986, ch. 770, § 2-4; 2005, ch. 393, § 3; 2010, ch. 868, § 44. If any general obligation 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. Acts 1986, ch. 770, § 2-4; 2005, ch. 393, § 3; 2010, ch. 868, § 44.