California Government Code
§ 43767
GOV § 43767Div. 4 · Title 4 · Ch. 4 · Art. 4
Statute text
View on leginfo.ca.govThe bonds shall not be sold at less than their par value. They may be exchanged at their par value for the outstanding bonds if the outstanding bonds are taken in exchange at a price not exceeding the maximum purchase price stated in the ordinance calling the election.
Legislative history
Added by Stats. 1949, Ch. 79.