Section 35419.

Cal. Streets and Highways Code - SHC § 35419.
in effect
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The legislative body may sell the bonds at a price below the par or face value, provided that the discount on any bonds so sold shall not exceed 8 percent of the par value thereof.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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Cal. Streets and Highways Code - SHC § 35419. — Section 35419 | Streets and Highways Code - SHC | Corpus