Cal. SHC § 10600.2
This is the official text of Cal. SHC § 10600.2, part of California’s Streets and Highways Code — governs the construction and maintenance of public roads.
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Official statutory text
The legislative body conducting the proceedings for the issuance of improvement bonds under this division may require that any bidder submitting a proposal for the purchase of such improvement bonds deposit contemporaneously therewith cash, a certified check, or a cashier’s check, in an amount to be determined by the legislative body, guaranteeing the purchase of such improvement bonds by such bidder in the event that he is awarded the purchase of such improvement bonds by the legislative body.
Status: in_force · Read it on the official government site
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