Government Code section 43727

The bonds may be sold in the manner provided by the legislative body, to the highest bidder, at such price that the interest rate paid by the city, computed on the sale price, will not exceed 8 percent a year, or may be exchanged for the outstanding evidences of indebtedness pursuant to this article.

Source: Section 43727, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=43727. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 43727’s source at ca.gov

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Location: https://california.public.law/codes/government_code_section_43727

Original Source: Section 43727, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=43727. (last accessed Apr. 24, 2025).