Advertisements for Sale of Bonds or Notes

  1. Law
  2. Tennessee Code
  3. Public Finances
  4. Local Government Public Obligations Act of 1986
  5. General Provisions Applicable to All Bonds and Notes Issued by Local Governments
  6. Advertisements for Sale of Bonds or Notes

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An advertisement for sale of bonds or notes under this chapter may omit the date and time of sale, and in such event, the advertisement for sale shall set forth the manner in which the date and time of sale shall be subsequently published, which may be either by publication:

  1. In the same financial journal and/or newspaper where the advertisement for sale is published; or
  2. Via electronic communication systems deemed proper by the local government which is generally available to the financial community, in either case at least forty-eight (48) hours prior to the time fixed for such sale.


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