Government Code section 53400

A county, city, district, or political subdivision may sell any of its bonds, authorized by the electors and unsold, at a price which will net the purchaser not more than 8 percent a year, payable semiannually, on the par value of the bonds.

Source: Section 53400, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=53400. (accessed Apr. 24, 2025).

53400
53401

Last Updated

Apr. 24, 2025

§ 53400’s source at ca.gov

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Location: https://california.public.law/codes/government_code_section_53400

Original Source: Section 53400, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=53400. (last accessed Apr. 24, 2025).