§ 45402
70 words·~1 min read·
/ca/water-code/45402A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The board may divide the principal amount of any authorized issue of bonds into two or more series, and may fix different dates for the bonds of each series. When directed by resolution of the board, the treasurer shall sell the bonds or any series thereof for the best price obtainable, but in no event for less than 90 percent of the face value of the bonds and accrued interest.