Streets and Highways Code section 31146

Bonds authorized pursuant to this chapter may be sold below the par or face value thereof, but the sale price shall not be less than that which will yield the purchaser 6 percent a year according to standard tables of bond values, and shall include the interest which has accrued thereon up to the date of delivery of the bonds.

Source: Section 31146, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=SHC§ionNum=31146.­ (updated Jan. 1, 1968; accessed Oct. 20, 2025).

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Verified:
Oct. 20, 2025

§ 31146's source at ca​.gov