Government Code section 5603

Any provision of law specifying the maximum or minimum denomination of bonds to the contrary notwithstanding, a governing body in its ordinance, resolution or order providing for the issuance of any bonds may provide that such bonds shall be issued in a denomination or denominations of any amount or amounts prescribed by it. All bonds of an issue or series of bonds need not be of the same denomination.

Source: Section 5603, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=5603.­ (updated Jan. 1, 1963; accessed Jul. 14, 2025).

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Verified:
Jul. 14, 2025

§ 5603's source at ca​.gov