California Revenue and Taxation Code 8521 – The bonds may be sold as the commission determines by resolution, and …
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The bonds may be sold as the commission determines by resolution, and the bonds may be sold at a price below par, whether by negotiated or public sale.
(Added by Stats. 1997, Ch. 878, Sec. 1. Effective January 1, 1998.)
Terms Used In California Revenue and Taxation Code 8521
- Bonds: means indebtedness and securities of any kind or class, including bonds, notes, bond anticipation notes, and commercial paper. See California Revenue and Taxation Code 8501
- Commission: means the Metropolitan Transportation Commission created by Title 7. See California Revenue and Taxation Code 8501