Government Code section 43767

The bonds shall not be sold at less than their par value. They 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 purchase price stated in the ordinance calling the election.

Source: Section 43767, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=43767. (accessed Apr. 24, 2025).

Last Updated

Apr. 24, 2025

§ 43767’s source at ca.gov

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Location: https://california.public.law/codes/government_code_section_43767

Original Source: Section 43767, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=43767. (last accessed Apr. 24, 2025).