California § 31148 - All bonds issued and sold pursuant to this chapter shall be sold on sealed propos
Full text of California Public Contract Code - PCC § 31148 — All bonds issued and sold pursuant to this chapter shall be sold on sealed propos, with citation guidance and answers to common questions.
§ 31148. All bonds issued and sold pursuant to this chapter shall be sold on sealed propos
All bonds issued and sold pursuant to this chapter shall be sold on sealed proposals to the highest and best bidder after such advertising for bids as the authority deems proper. The authority may reject any and all bids submitted and may thereafter sell the bonds so advertised for sale at private sale under such terms and conditions as it deems most advantageous to its own interest, but the bonds shall not be sold at a price below that of the best bid which was rejected.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 31148
What does Public Contract Code - PCC § 31148 cover?
Section 31148 ("All bonds issued and sold pursuant to this chapter shall be sold on sealed propos") 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 § 31148?
A common citation format is "Public Contract Code - PCC § 31148" (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 § 31148 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.