Code Section

Public Resources Code - PRC

DIVISION 5. PARKS AND MONUMENTS [5001 - 5877]

  ( Division 5 added by Stats. 1939, Ch. 94. )
  

CHAPTER 2. Counties and Cities [5101 - 5386]

  ( Chapter 2 added by Stats. 1939, Ch. 94. )
  

ARTICLE 5. Park and Boulevard Bonds [5301 - 5313]
  ( Article 5 added by Stats. 1939, Ch. 94. )

  
5308.  

The bonds or any number issued shall be sold to the highest bidder, after advertised notice for sealed proposals. No bid of less than par value shall be accepted, nor shall any bonds be sold during any one year in excess of the actual expenditures incurred in that year.

(Added by Stats. 1939, Ch. 94.)