Cal. Public Resources Code § 5790.7
Cal. Public Resources Code § 5790.7
California · California Public Resources Code · Status: effective · Effective 2002-01-01
Cite this
- Citation
- Cal. Public Resources Code § 5790.7, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/900900
- Permanent ID
ys:prov:900900@1- SHA-256
65591f6799e49e73608ea8c9e85d92a13846a5839322f79e29e222f35c1f9f82
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) Before selling the bonds, the board of directors shall give notice inviting sealed bids. At a minimum, the board of directors shall publish notice at least once in a newspaper of general circulation in the district at least 10 days before the deadline for receiving the bids.
(b) The board of directors shall award the sale of the bonds to the highest responsible bidder.
(c) If the board of directors does not receive any bids or if it determines that the bids received are not satisfactory as to price or responsibility of the bidders, the board of directors may reject all bids, if any, and either readvertise or sell the bonds at private sale.