Statute · California Government Code
Cal. Gov't Code § 43767 — Investment Bond Act of 1909
Cal. Gov't Code § 43767
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The bonds shall not be sold at less than their par value. They may be exchanged at their par value for the outstanding bonds if the outstanding bonds are taken in exchange at a price not exceeding the maximum purchase price stated in the ordinance calling the election.
Citator
Cal. Gov't Code § 43767 — Investment Bond Act of 1909 is in force in the current edition of the Code, and nothing recorded condemns it.
The bonds shall not be sold at less than their par value. They may be exchanged at their par value for the outstanding bonds if the outstanding bonds are taken in exchange at a price not exceeding the maximum purchase price stated in the ordinance calling the election.