Section 998.072 Of Article 5r. Veterans Bond Act Of 1984 From California Military And Veterans Code >> Division 4. >> Chapter 6. >> Article 5r.

. The committee may authorize the Treasurer to sell all or any part of the bonds authorized by this article at the time or times fixed by the Treasurer. Whenever the committee deems it necessary for an effective sale of the bonds, the committee may authorize the Treasurer to sell any issue of bonds at less than their par value, notwithstanding Section 16754 of the Government Code. However, the discount on the bonds shall not exceed 3 percent of the par value thereof.