California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 2. GOVERNMENT OF THE STATE OF CALIFORNIA |
Division 4. FISCAL AFFAIRS |
Part 4. WARRANTS |
Chapter 2. Registered Warrants |
ARTICLE 3. Reimbursement and Refunding Warrants |
Section 17249.
Latest version.
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At the time specified in the notice of sale, the Controller shall open the bids, and award the warrants to the persons making the best bids as determined by him. The Controller may reject any and all bids. No bid for less than the face value of any warrants shall be accepted.
(Added by Stats. 1945, Ch. 120.)