The bonds may be sold by the commission in such manner and such quantities as it may determine, but no bond shall be sold for less than its face value.
Cal. Sts. & High. Code § 8208
The Bond Issue
Added by Stats. 1949, Ch. 1147.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.