California § 31146 - Bonds authorized pursuant to this chapter may be sold below the par or face value
Full text of California Public Contract Code - PCC § 31146 — Bonds authorized pursuant to this chapter may be sold below the par or face value, with citation guidance and answers to common questions.
§ 31146. Bonds authorized pursuant to this chapter may be sold below the par or face value
Bonds authorized pursuant to this chapter may be sold below the par or face value thereof, but the sale price shall not be less than that which will yield the purchaser 6 percent a year according to standard tables of bond values, and shall include the interest which has accrued thereon up to the date of delivery of the bonds.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 31146
What does Public Contract Code - PCC § 31146 cover?
Section 31146 ("Bonds authorized pursuant to this chapter may be sold below the par or face value") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 31146?
A common citation format is "Public Contract Code - PCC § 31146" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 31146 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.