California Government Code

§ 53400

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

GOV § 53400Div. 2 · Title 5 · Part 1 · Ch. 3 · Art. 1

Statute text

View on leginfo.ca.gov

A county, city, district, or political subdivision may sell any of its bonds, authorized by the electors and unsold, at a price which will net the purchaser not more than 8 percent a year, payable semiannually, on the par value of the bonds.

Legislative history

Amended by Stats. 1975, Ch. 130.