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    195-G:4 Negotiated Sale of Bonds. –

No college savings bonds shall be sold at a negotiated sale unless the underwriter or underwriters to which such bonds are sold:

I. Are organized, incorporated or have their principal place of business in the state; or

II. In the judgment of the state treasurer, have sufficient capability to make a broad distribution of such bonds to investors residing in the state.

Source. 1989, 394:1, eff. Aug. 4, 1989.