California Streets and Highways Code

§ 1186

SHC § 1186 Effective Jan 1, 2003Div. 2 · Ch. 4 · Art. 3

Statute text

The interest on the bonds shall be payable annually. Each bond and each coupon shall bear the signature or facsimile printed signature of the chair of the board and of the clerk of the board of supervisors. The county treasurer shall, after reasonable notice, sell the bonds to the highest and best bidder, but not for less than par plus any accrued interest.

Legislative history

Amended by Stats. 2002, Ch. 221, Sec. 123. Effective January 1, 2003.