California § 1102. 1102. (Added by Stats. 1958, 1st Ex. Sess., Ch. 53.)

California Statutes

§ 1102. — 1102. (Added by Stats. 1958, 1st Ex. Sess., Ch. 53.)

California § 1102.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.4.

Title 1.DIVISION 4. PUBLIC OFFICERS AND EMPLOYEES

Ch. 1.CHAPTER 1. General

Art. 4.5.ARTICLE 4.5. Sales of Public Securities

This text of California § 1102. (1102. (Added by Stats. 1958, 1st Ex. Sess., Ch. 53.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Government Code - GOV Code § 1102. (2026).

Text

Notwithstanding any provision of law to the contrary, a member of the legislative body of any public body or any officer or employee thereof shall not be deemed interested in a contract for the sale of any public securities issued by such public body; provided, that such public securities are sold at public sale to the highest bidder after notice inviting bids has been published as required by the law under which said bonds are issued, or for one time in a newspaper of general circulation not less than five (5) days prior to the date of such sale.

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Notwithstanding any provision of law to the contrary, a member of the legislative body of any public body or any officer or employee thereof shall not be deemed interested in a contract for the sale of any public securities issued by such public body; provided, that such public securities are sold at public sale to the highest bidder after notice inviting bids has been published as required by the law under which said bonds are issued, or for one time in a newspaper of general circulation not less than five (5) days prior to the date of such sale.