Cal. SHC § 31146
This is the official text of Cal. SHC § 31146, part of California’s Streets and Highways Code — governs the construction and maintenance of public roads.
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Official statutory text
Bonds authorized pursuant to this chapter may be sold below the par or face value thereof, but the sale price shall not be less than that which will yield the purchaser 6 percent a year according to standard tables of bond values, and shall include the interest which has accrued thereon up to the date of delivery of the bonds.
Status: in_force · Read it on the official government site
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