Streets and Highways Code section 35419

The legislative body may sell the bonds at a price below the par or face value, provided that the discount on any bonds so sold shall not exceed 8 percent of the par value thereof.

Source: Section 35419, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=35419. (accessed May 19, 2025).

Last Updated

May 12, 2025

§ 35419’s source at ca.gov

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Location: https://california.public.law/codes/streets_and_highways_code_section_35419

Original Source: Section 35419, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=35419. (last accessed May 12, 2025).