California § 90048 - Bonds and notes may be sold at either public or private sale. The board may fix t
Full text of California Public Contract Code - PCC § 90048 — Bonds and notes may be sold at either public or private sale. The board may fix t, with citation guidance and answers to common questions.
§ 90048. Bonds and notes may be sold at either public or private sale. The board may fix t
Bonds and notes may be sold at either public or private sale. The board may fix terms and conditions for the sale or other disposition of any authorized issue of bonds or notes. The Treasurer, when authorized by resolution of the board may sell bonds and notes at less than their par or face value, but no bond or note may be sold at a price below the par or face value thereof which would result in a sale price yielding to the purchaser an average of more than 12 percent per annum, payable semiannually, according to standard tables of bond values.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 90048
What does Public Contract Code - PCC § 90048 cover?
Section 90048 ("Bonds and notes may be sold at either public or private sale. The board may fix t") 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 § 90048?
A common citation format is "Public Contract Code - PCC § 90048" (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 § 90048 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.