Statute · California Government Code
Cal. Gov't Code § 43727 — Refunding Indebtedness
Cal. Gov't Code § 43727
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The bonds may be sold in the manner provided by the legislative body, to the highest bidder, at such price that the interest rate paid by the city, computed on the sale price, will not exceed 8 percent a year, or may be exchanged for the outstanding evidences of indebtedness pursuant to this…
Citator
Cal. Gov't Code § 43727 — Refunding Indebtedness is in force in the current edition of the Code, and nothing recorded condemns it.
The bonds may be sold in the manner provided by the legislative body, to the highest bidder, at such price that the interest rate paid by the city, computed on the sale price, will not exceed 8 percent a year, or may be exchanged for the outstanding evidences of indebtedness pursuant to this article.