{"code":"GOV","codeName":"Government Code","section":"54418","citation":"Gov. Code, § 54418","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 5. LOCAL AGENCIES [50001. - 57607.]","url":"https://blackletter.si/government-code/title-5"},{"name":"DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 55821.]","url":"https://blackletter.si/government-code/title-5/division-2"},{"name":"PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 54999.7.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1"},{"name":"CHAPTER 6. Revenue Bond Law of 1941 [54300. - 54700.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-6"},{"name":"ARTICLE 4. Provisions Relating to Bonds [54400. - 54435.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-6/article-4"}],"history":"Amended by Stats. 1990, Ch. 1130, Sec. 7.","effective":null,"html":"<p>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.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/government-code/provisions-relating-to-bonds-54418","source":"California Legislative Information bulk export (pubinfo)"}