{"code":"HNC","codeName":"Harbors and Navigation Code","section":"7224","citation":"Harb. & Nav. Code, § 7224","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 8. HARBOR AND PORT DISTRICTS [5800. - 7340.]","url":"https://blackletter.si/harbors-and-navigation-code/division-8"},{"name":"PART 7. SMALL CRAFT HARBOR DISTRICTS [7000. - 7340.]","url":"https://blackletter.si/harbors-and-navigation-code/division-8/part-7"},{"name":"CHAPTER 6. Financial Provisions [7170. - 7243.]","url":"https://blackletter.si/harbors-and-navigation-code/division-8/part-7/chapter-6"},{"name":"ARTICLE 4. General Obligation Bonds [7210. - 7227.]","url":"https://blackletter.si/harbors-and-navigation-code/division-8/part-7/chapter-6/article-4"}],"history":"Added by Stats. 1959, Ch. 1598.","effective":null,"html":"<p>Before selling the bonds, or any part thereof, the board shall give notice inviting sealed bids in such manner as it may prescribe. If satisfactory bids are received, the bonds offered for sale shall be awarded to the highest responsible bidder. If no bids are received or if the board determines that the bids received are not satisfactory as to price or responsibility of the bidders, it may reject all bids received, if any, and either readvertise or sell the bonds at private sale.</p>","text":"Before selling the bonds, or any part thereof, the board shall give notice inviting sealed bids in such manner as it may prescribe. If satisfactory bids are received, the bonds offered for sale shall be awarded to the highest responsible bidder. If no bids are received or if the board determines that the bids received are not satisfactory as to price or responsibility of the bidders, it may reject all bids received, if any, and either readvertise or sell the bonds at private sale.","otherVersions":[],"url":"https://blackletter.si/harbors-and-navigation-code/general-obligation-bonds-7224","source":"California Legislative Information bulk export (pubinfo)"}