Government Code section 29955

The bonds shall not be sold at less than their par value, or may be exchanged at their par value for the outstanding bonds, if the outstanding bonds are taken in exchange at a price not exceeding the maximum price stated in the order calling the election.

Source: Section 29955, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=29955. (updated Jan. 1, 1947; accessed Oct. 13, 2025).

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Up to date

Verified:
Oct. 13, 2025

§ 29955's source at ca.gov

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Location: https://california.public.law/codes/government_code_section_29955

Original Source: Section 29955, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=29955. (last accessed May 12, 2025).