7 CFR 1780.95

§ 1780.95 Public bidding on bonds.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 1780.95, § 1780.95 Public bidding on bonds, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/28137
Permanent ID: ys:prov:28137@1
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Full text

Bonds offered for public sale shall be offered in accordance with State law and in such a manner to encourage public bidding. The Agency will not submit a bid at the advertised sale unless required by State law, nor will reference to Agency's rates and terms be included. If no acceptable bid is received, the Agency will negotiate the purchase of the bonds.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.