CHAPTER 17. ROADS AND HIGHWAYS.

ARTICLE 26. STATE ROAD BONDS.

§17-26-6. Sale by Governor; minimum price; certification of annual debt service amount.

The Governor shall sell the bonds herein authorized at a time or times as provided by a resolution enacted by the Legislature. The Governor, in his or her discretion, may, by executive message, request that a resolution be proposed for the issuance of bonds pursuant to this article. The Governor shall determine the manner by which bonds will be sold. On or before June 1 in each fiscal year the commissioner shall certify to the treasurer and secretary of the Department of Tax and Revenue the principal and interest requirement for the following fiscal year on any bonds issued pursuant to this article.

§17-26-6. Sale by Governor; minimum price; certification of annual debt service amount.

Bill History For §17-26-6