California Statutes
§ 53400. — 53400. (Amended by Stats. 1975, Ch. 130.)
California·Code GOV Government Code - GOV·Div. 2.·Title 5. DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES·Part 1. PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES·Ch. 3. CHAPTER 3. Bonds·Art. 1. ARTICLE 1. Unsold Bonds
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.
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California § 53400. (53400. (Amended by Stats. 1975, Ch. 130.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1975, Ch. 130.