§ 10. Sale of Bonds  


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  • The said board of trustees may issue and sell the whole, or from time to time any part, of said bonds but only to the highest bidder or bidders for cash after notice of such sale given by publication in said district pursuant to Section 6061 of the Government Code; provided, no sale shall be had prior to the expiration of 15 days from the first publication of said notice. Said board shall have the right to reject any and all bids when in the discretion of said board it appears to the best interests of the district so to do, and thereafter readvertise as in this section provided for original sale.

(Stats.1952, 1st Ex.Sess., c. 17, p. 360, § 10. Amended by Stats.1957, c. 357, p. 1136, § 275.)