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TITLE 5. LOCAL AGENCIES [50001 - 57607]›DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 55821]›PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 54999.7]›CHAPTER 2.5. The Mello-Roos Community Facilities Act of 1982 [53311 - 53368.3]›ARTICLE 5. Bonds [53345 - 53365.7]›§ 53360

§ 53360.7

Government Code §§ 53311–53368.3 — Mello-Roos Community Facilities Act of 1982 · 2026 edition · updated 2026-07-29 · California

53360.7. The legislative body may provide that bonds shall bear a variable interest rate, and for the manner and intervals in which the rate shall vary. The variable rate shall not exceed the maximum rate permitted by Section 53531 or any other applicable provision of law limiting the maximum interest rate on bonds.

(Added by Stats. 1984, Ch. 1406, Sec. 4. Effective September 26, 1984.)

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▸ Contents — Government Code §§ 53311–53368.3 — Mello-Roos Community Facilities Act of 1982
Government Code §§ 53311–53368.3 — Mello-Roos Community Facilities Act of 1982
  1. Government Code §§ 53311–53368.3 — Mello-Roos Community Facili…
  2. ▸ TITLE 5. LOCAL AGENCIES [50001 - 57607]
    Overview
    1. ▸ DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000 - 55821]
      Overview
      1. ▸ PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHE…
        Overview
        1. ▸ CHAPTER 2.5. The Mello-Roos Community Facilities Act of 1982 […
          Overview
          1. ARTICLE 1. General Provisions [53311 - 53317.5]
          2. ARTICLE 2. Proceedings to Create a Community Facilities Distri…
          3. ARTICLE 3. Extension of Authorized Facilities and Services and…
          4. ARTICLE 3.5. Annexation of Territory [53339 - 53339.9]
          5. ARTICLE 4. Procedures for Levying [53340 - 53344.4]
          6. ▸ ARTICLE 5. Bonds [53345 - 53365.7]
            Overview
            1. § 53345
            2. § 53346
            3. § 53348
            4. § 53349
            5. § 53350
            6. § 53351
            7. § 53352
            8. § 53353.5
            9. § 53354
            10. § 53355
            11. § 53356
            12. § 53357
            13. § 53358
            14. § 53359
            15. ▸ § 53360
              Overview
              1. § 53360.4
              2. § 53360.7
            16. § 53361
            17. § 53362
            18. § 53363
            19. § 53364
            20. § 53365
          7. ARTICLE 6. Transfer of Community Facilities Districts [53368 -…

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