California § 13117. 13117. (Added by Stats. 1961, Ch. 2069.)

California Statutes

§ 13117. — 13117. (Added by Stats. 1961, Ch. 2069.)

California § 13117.

Code PRCPublic Resources Code - PRC

Div. 11.DIVISION 11. RESORT IMPROVEMENT DISTRICTS

Ch. 6.CHAPTER 6. Bonds

This text of California § 13117. (13117. (Added by Stats. 1961, Ch. 2069.)) 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. Public Resources Code - PRC Code § 13117. (2026).

Text

The district may sell the bonds so issued at the times or in the manner the board deems to be to the public interest, provided, that all bonds shall be sold on sealed proposals to the highest bidder. Public notice shall be given in the manner determined by the board. If no bids are received or if the board determines that the bids received are not satisfactory as to price or responsibility of the bidders, the board may reject all bids received, if any, and either readvertise or sell the bonds at private sale.

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The district may sell the bonds so issued at the times or in the manner the board deems to be to the public interest, provided, that all bonds shall be sold on sealed proposals to the highest bidder. Public notice shall be given in the manner determined by the board. If no bids are received or if the board determines that the bids received are not satisfactory as to price or responsibility of the bidders, the board may reject all bids received, if any, and either readvertise or sell the bonds at private sale.

Legislative History

Added by Stats. 1961, Ch. 2069.

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California § 13117., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PRC/13117..