Section 11754 Of Article 5. Issuance And Sale From California Water Code >> Division 6. >> Part 3. >> Chapter 8. >> Article 5.
11754
. All bonds authorized for issuance by the department shall be
sold by the Treasurer at public sale by bid or at private sale by
negotiation, as directed by the department after consultation with
the Treasurer. If the bonds are to be sold by a negotiated sale, the
Treasurer shall select the underwriter or underwriters after
consultation with the department.