---
urn: urn:us-la:rs:39:1449
citation: "R.S. 39:1449"
status: active
breadcrumb: "Title 39 › Subtitle III › Chapter 14-A"
acts_citations:
  - { year: 1984, number: 352, section: 1, effective_date: 1984-07-02, role: enactment }
---

# Sale of refunding bonds

Refunding bonds may be sold at either public or negotiated sale for such price as may be determined by the governing body of the issuer and approved by the State Bond Commission.