Cal. Sts. & Hy. Code § 35419

Current through the 2023 Legislative Session.

Section 35419 - Sale of bonds at price below par or face value

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.

Ca. Sts. and High. Code § 35419

Amended by Stats. 1975, Ch. 130.