California Statutes
§ 36385. — 36385. (Added by Stats. 1977, Ch. 1117.)
California·Code WAT Water Code - WAT·Div. 13. DIVISION 13. CALIFORNIA WATER DISTRICTS·Part 6. PART 6. FINANCIAL PROVISIONS·Ch. 4.3. CHAPTER 4.3. Revenue Warrants
Revenue warrants may be sold at either public or private sale upon such terms and conditions as the board may determine. Such warrants may be sold at less than their par or face value, but no revenue warrant may be sold at a price which would yield to the purchaser an average of more than 8 percent per annum, payable semiannually, according to standard tables of bond values.
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California § 36385. (36385. (Added by Stats. 1977, Ch. 1117.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1977, Ch. 1117.