Any refunding bonds may either be delivered in exchange for the outstanding bonds being refunded or may be publicly or privately sold at a price and in the manner determined by the governing body, in accordance with § 6-8B-10 . Source: SL 1974, ch 54 , § 8; SDCL Supp, § 6-8A-23; SL 1984, ch 43 , § 43.