Cal. Sts. & Hy. Code § 1186

Current through the 2023 Legislative Session.
Section 1186 - Payment of interest; signature; sale of bonds

The interest on the bonds shall be payable annually. Each bond and each coupon shall bear the signature or facsimile printed signature of the chair of the board and of the clerk of the board of supervisors. The county treasurer shall, after reasonable notice, sell the bonds to the highest and best bidder, but not for less than par plus any accrued interest.

Ca. Sts. and High. Code § 1186

Amended by Stats 2002 ch 221 (SB 1019),s 123, eff. 1/1/2003.