GroundRules
N.C. Gen. Stat. § 159-126: Rejection of bids.
Where this section sits in the code
- Chapter 159. Local Government Finance.
- SUBCHAPTER IV. LONG-TERM FINANCING.
- Article 7. Issuance and Sale of Bonds.
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.)
Collected 2026-08-27T18:24:52Z. Source file · JSON