{"code":"PUC","codeName":"Public Utilities Code","section":"13261","citation":"Pub. Util. Code, § 13261","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 6. MUNICIPAL UTILITY DISTRICT ACT [11501. - 14403.5.]","url":"https://blackletter.si/public-utilities-code/division-6"},{"name":"CHAPTER 7. Bonds [13201. - 13341.]","url":"https://blackletter.si/public-utilities-code/division-6/chapter-7"},{"name":"ARTICLE 3. Issue and Sale [13261. - 13263.]","url":"https://blackletter.si/public-utilities-code/division-6/chapter-7/article-3"}],"history":"Enacted by Stats. 1951, Ch. 764.","effective":null,"html":"<p>The bonds may be issued and sold for not less than their par value, but otherwise as the board determines.</p>","text":"The bonds may be issued and sold for not less than their par value, but otherwise as the board determines.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/issue-and-sale-13261","source":"California Legislative Information bulk export (pubinfo)"}