Disclaimer

The Preliminary Official Statement is made available as public information.  This does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of bonds by any person in any jurisdiction in which it is unlawful for such person to make such an offer, solicitation, or sale.  Offers to sell bonds, solicitations of offers to buy bonds, and sales of bonds are not made by employees of the State of California.  Please contact your broker if you are interested in purchasing bonds.

Investors are advised to read the entire Preliminary Official Statement to obtain information essential to the making of an informed investment decision.

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