California Government Code Section 26298.36

CA Govt Code § 26298.36 (2017)  

The bonds may be sold as the commission determines by resolution. The commission may sell the bonds at a price below par, but the discount on any bonds so sold shall not exceed 5 percent of the par value thereof.

(Added by Stats. 1989, Ch. 1335, Sec. 1.)

Last modified: October 25, 2018