California Streets and Highways Code

§ 35419

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

SHC § 35419Div. 18 · Part 4 · Ch. 3

Statute text

View on leginfo.ca.gov

The legislative body may sell the bonds at a price below the par or face value, provided that the discount on any bonds so sold shall not exceed 8 percent of the par value thereof.

Legislative history

Amended by Stats. 1975, Ch. 130.