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Section 16781 Of Article 6. Refunding Bonds From California Government Code >> Division 4. >> Title 2. >> Part 3. >> Chapter 4. >> Article 6.
16781
. (a) Except as otherwise provided in this article or in
subdivision (b), all of the provisions of this chapter are applicable
to the issuance and sale of refunding bonds.
(b) (1) Sections 16730 and 16757 are not applicable to the issuance and sale of refunding bonds.
(2) Notwithstanding Section 16754.3, refunding bonds may be sold by negotiated sale if the Treasurer determines that it is in the best interest of the state to do so.
(b) (1) Sections 16730 and 16757 are not applicable to the issuance and sale of refunding bonds.
(2) Notwithstanding Section 16754.3, refunding bonds may be sold by negotiated sale if the Treasurer determines that it is in the best interest of the state to do so.
