California Water Code 11754 – All bonds authorized for issuance by the department shall be sold by …
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All bonds authorized for issuance by the department shall be sold by the Treasurer at public sale by bid or at private sale by negotiation, as directed by the department after consultation with the Treasurer. If the bonds are to be sold by a negotiated sale, the Treasurer shall select the underwriter or underwriters after consultation with the department.
(Amended by Stats. 1986, Ch. 719, Sec. 4. Effective September 15, 1986.)
Terms Used In California Water Code 11754
- bonds: means revenue bonds, notes, refunding bonds, refunding notes, bond anticipation notes, certificates of indebtedness, and other evidences of indebtedness payable from the sources provided in this chapter. See California Water Code 11700