Statute · California Government Code
Cal. Gov't Code § 54418 — Provisions Relating to Bonds
Cal. Gov't Code § 54418
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The legislative body may sell the bonds at a price above or below par in a manner, at public or private sale, as it determines by resolution. If the legislative body decides to sell the bonds at private sale rather than public sale, the local agency shall send a written statement to the…
Citator
Cal. Gov't Code § 54418 — Provisions Relating to Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
The legislative body may sell the bonds at a price above or below par in a manner, at public or private sale, as it determines by resolution. If the legislative body decides to sell the bonds at private sale rather than public sale, the local agency shall send a written statement to the California Debt Advisory Commission, no later than two weeks after the sale of the bonds, explaining the reasons for that decision.