North Carolina Statutes
§ 159-126 — Rejection of bids
North Carolina·Ch. 159 Local Government Finance·Art. 7 Issuance and Sale of Bonds·Subch. IV LONG-TERM FINANCING
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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Nearby Sections
15
§ 159-1
Short title and definitions§ 159-10
Budget requests§ 159-100
Authorization§ 159-101
Short title§ 159-102
Unit of local government defined§ 159-108
Agreements with property owners§ 159-109
Special covenants