The Treasurer may cancel or postpone a competitive sale of bonds to an indefinite date by public announcement, including by electronic means, made prior to or at the time and place fixed for the sale of the bonds. The Treasurer may give notice of the new time and place of the sale of the bonds that the Treasurer may deem advisable.
Cal. Gov. Code § 16752.1
Sale of Bonds
Known as the State General Obligation Bond Law
The act spans §§ 16720–16787 (51 sections).
Amended by Stats. 2009, Ch. 205, Sec. 8
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.