Sale of bonds; expenses incident to sale

Section effective July 1, 2027. See, also, section 57-5-1400 effective until July 1, 2027. Bonds must be sold at private or public sale under conditions prescribed by the bond resolution. For the purpose of bringing about successful sales of the bonds, the State Fiscal Accountability Authority may do, or cause to be done, all things ordinarily and customarily done in connection with the sale of state or municipal bonds. All expenses incident to the sales of the bonds must be paid from the proceeds of the sale of the bonds or choice lane facility revenues.