Statute · California Military and Veterans Code

Cal. Mil. & Vet. Code § 998.061 — Veterans Bond Act of 1982

Cal. Mil. & Vet. Code § 998.061

Type
Statute
Source
California Military and Veterans Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The committee may authorize the State Treasurer to sell all or any part of the bonds herein authorized at such time or times as may be fixed by the State Treasurer.

Citator

Cal. Mil. & Vet. Code § 998.061 — Veterans Bond Act of 1982 is in force in the current edition of the Code, and nothing recorded condemns it.

The committee may authorize the State Treasurer to sell all or any part of the bonds herein authorized at such time or times as may be fixed by the State Treasurer.

Notwithstanding Section 16754 of the Government Code, the committee may, whenever it deems it necessary to an effective sale, authorize the State Treasurer to sell any issue of bonds at less than the par value thereof. However, the discount on the bonds so sold shall not exceed 6 percent of the par value thereof.