§ 53692. — 53692. (Amended by Stats. 2004, Ch. 7, Sec. 5.)

California § 53692.

• Jurisdiction: 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. 4.: CHAPTER 4. Financial Affairs
• Art. 2.5.: ARTICLE 2.5. Sale of Securities

Text

In addition to any other requirement imposed by law, at least 15 days prior to the sale of any public securities that exceed one million dollars ($1,000,000) but do not exceed ten million dollars ($10,000,000) at a public sale and at least five days prior to the sale of any public securities that exceed ten million dollars ($10,000,000) at a public sale, an issuer shall publish notice of the intention to sell the securities in a financial publication generally circulated throughout the state or reasonably expected to be disseminated among prospective bidders for
the securities. The notice shall include the date, time, and place of the intended sale and the amount of the securities to be sold.

Legislative History

Amended by Stats. 2004, Ch. 7, Sec. 5. Effective January 22, 2004.