North Carolina Statutes

§ 159-126 — Rejection of bids

North Carolina § 159-126
JurisdictionNorth Carolina
Ch. 159Local Government Finance
Art. 7Issuance and Sale of Bonds
Subch. IVLONG-TERM FINANCING

This text of North Carolina § 159-126 (Rejection of bids) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.C. Gen. Stat. § 159-126 (2026).

Text

No legal bid may be rejected unless all bids are rejected. All bids shall be rejected upon objection to award by an authorized representative of the issuing unit. If bids have been rejected, another notice of sale shall be given and further bids invited. (1931, ch. 60, s. 18; 1935, c. 356, s. 1; 1939, c. 231, s. 3; 1971, c. 780, s. 1.)

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North Carolina § 159-126, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/159/159-126.