The board of directors may sell the bonds pursuant to the resolution as follows:
(a) By giving notice inviting sealed bids and selling to the highest responsible bidder.
(b) By private sale, pursuant to a vote of four-fifths of the entire board.
Cal. Health & Safety Code § 32319
Revenue Bonds
Known as the The Local Health Care District Law
The act spans §§ 32000–32499 (143 sections).
Applied in 1 court decision — leading case Prime Healthcare Management, Inc. v. Valley Health System (In Re Valley Health System) (2010)
Most recently applied in Prime Healthcare Management, Inc. v. Valley Health System (In Re Valley Health System) (April 2010)
Added by Stats. 1982, Ch. 1513, Sec. 17.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.