Cal. Gov. Code § 59597

Current through the 2023 Legislative Session.
Section 59597 - Sale of new bonds for cash and payment to bondholders in cash

If the proposals or contract with the bondholders so provides, the legislative body may sell all of the new bonds for cash and pay the bondholders in cash at a price to be fixed in the proposals or contract.

Ca. Gov. Code § 59597

Added by Stats. 1951, Ch. 331.