The bonds may be sold by the commission in such manner and in such quantities as it may determine. However no bond may be sold for less than its face value.
Cal. Sts. & High. Code § 26183
The Bond Issue
Added by Stats. 1943, Ch. 285.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.