Home/California/Statutes/Code GOV: Government Code - GOV/Div.: 4./Title 4.: DIVISION 4. FINANCIAL PROVISIONS/Ch. 4.: CHAPTER 4. Bonds/Art. 1.: ARTICLE 1. General/§ 43627.
California Statutes

§ 43627. — 43627. (Amended by Stats. 1951, Ch. 1568.)

California § 43627.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.4.
Title 4.DIVISION 4. FINANCIAL PROVISIONS
Ch. 4.CHAPTER 4. Bonds
Art. 1.ARTICLE 1. General

This text of California § 43627. (43627. (Amended by Stats. 1951, Ch. 1568.)) 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 § 43627. (2026).

Text

The bonds may be issued and sold as the legislative body determines, but for not less than par. Before selling the bonds, or any part thereof, the legislative body shall give notice inviting sealed bids in such manner as the legislative body may prescribe. If satisfactory bids are received, the bonds offered for sale shall be awarded to the highest responsible bidder. If no bids are received, or if the legislative body determines that the bids received are not satisfactory as to price or responsibility of the bidders, the legislative body may reject all bids received, if any, and either readvertise or sell the bonds at private sale.

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Legislative History

Amended by Stats. 1951, Ch. 1568.
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Bluebook (online)
California § 43627., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/43627..