California § 31148. 31148. (Added by Stats. 1968, Ch. 923.)

California Statutes

§ 31148. — 31148. (Added by Stats. 1968, Ch. 923.)

California § 31148.

JurisdictionCalifornia

Code SHCStreets and Highways Code - SHC

Div. 17.DIVISION 17. TOLL FACILITIES AND RELATED MATTERS

Ch. 5.CHAPTER 5. El Dorado County Toll Tunnel Authority Act

Art. 4.ARTICLE 4. Bonds

This text of California § 31148. (31148. (Added by Stats. 1968, Ch. 923.)) 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. Streets and Highways Code - SHC Code § 31148. (2026).

Text

All bonds issued and sold pursuant to this chapter shall be sold on sealed proposals to the highest and best bidder after such advertising for bids as the authority deems proper. The authority may reject any and all bids submitted and may thereafter sell the bonds so advertised for sale at private sale under such terms and conditions as it deems most advantageous to its own interest, but the bonds shall not be sold at a price below that of the best bid which was rejected.

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All bonds issued and sold pursuant to this chapter shall be sold on sealed proposals to the highest and best bidder after such advertising for bids as the authority deems proper. The authority may reject any and all bids submitted and may thereafter sell the bonds so advertised for sale at private sale under such terms and conditions as it deems most advantageous to its own interest, but the bonds shall not be sold at a price below that of the best bid which was rejected.

Legislative History

Added by Stats. 1968, Ch. 923.

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California § 31148., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/31148..