Statute · California Government Code

Cal. Gov't Code § 17247 — Reimbursement and Refunding Warrants

Cal. Gov't Code § 17247

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2008-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

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…

Citator

Cal. Gov't Code § 17247 — Reimbursement and Refunding Warrants is in force in the current edition of the Code, and nothing recorded condemns it.

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.