Section 998.108 Of Article 5u. Veterans’ Bond Act Of 1990 From California Military And Veterans Code >> Division 4. >> Chapter 6. >> Article 5u.
998.108
. 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.