TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 4. FISCAL AFFAIRS 16100-17700›PART 4. WARRANTS 17000-17296.5›CHAPTER 2. Registered Warrants 17200-17296.5›ARTICLE 3. Reimbursement and Refunding Warrants 17240-17255

§ 17247

California Government Code · 2018-11 edition · updated 2026-10-04 · California

The notice of public sale shall specify the amount of warrants to be sold, and the minimum amount for which the Controller will consider bids, and shall invite sealed bids for the purchase of the warrants. The notice shall state that no bid will be accepted that is less than the face value of the warrants bid for, and that the warrants will be awarded to the persons making the best bids as determined by the Controller, considering the interest rate and premium offered, if any.

(Amended by Stats. 2007, Ch. 336, Sec. 5. Effective January 1, 2008.)

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California Government Code

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