Earlier editions: 2020-112018-112026-09
DIVISION 18. PARKING 31500-36745›PART 4. PARKING DISTRICT LAW OF 1951 35100-35708›CHAPTER 3. Bonds, Acquisitions and Improvements 35402-35432
§ 35419
California Streets and Highways Code · 2026-10 edition · updated 2026-10-04 · California
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.
(Amended by Stats. 1975, Ch. 130.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code