ARTICLE 3. Sale and Exchange of Bonds

Article 3 added by Stats. 1951, Ch. 390.

§§ 35995–35998.1 · 5 sections

• § 35995 The board shall provide ways and means for the sale of bonds.
• § 35996 (a) The bonds, or any part thereof, may be issued and sold as the board determines. (b) Before selling the bonds, or any part thereof, the board may give…
• § 35997 Except as otherwise provided in Section 36170, a district shall not sell or exchange any of its bonds for less than par value plus the accrued interest thereon.
• § 35998 When any bonds are sold by the district, the treasurer shall deliver the bonds purchased to the purchaser upon receiving the purchase price of said bonds plus…
• § 35998.1 The accrued interest and premium, if any, shall be placed in the general obligation bond fund. The purchase price of said bonds shall be placed in the proper…