Cal. Wat. Code § 11751

Current through the 2023 Legislative Session.
Section 11751 - Sale price

Bonds may be sold below the par or face value thereof, but the sale price shall not be less than 94 percent of the par or face value of the bonds, and the sale price shall include the interest which has accrued thereon up to the date of delivery of the bonds.

Ca. Water Code § 11751

Amended by Stats. 1975, Ch. 828.