California Government Code

§ 43727

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

GOV § 43727Div. 4 · Title 4 · Ch. 4 · Art. 3

Statute text

View on leginfo.ca.gov

The bonds may be sold in the manner provided by the legislative body, to the highest bidder, at such price that the interest rate paid by the city, computed on the sale price, will not exceed 8 percent a year, or may be exchanged for the outstanding evidences of indebtedness pursuant to this article.

Legislative history

Amended by Stats. 1975, Ch. 130.