TITLE 5. LOCAL AGENCIES 50001-57550›DIVISION 1. CITIES AND COUNTIES 50001-52203›PART 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES 50001-51298.5›CHAPTER 3.5. Revenue Bonds for Public Improvements 50701-50798.4›ARTICLE 2. Revenue Bonds 50715-50753

§ 50738

California Government Code · 2018-11 edition · updated 2026-10-04 · California

Bonds shall bear interest at a rate of not to exceed 8 percent per annum, payable annually or semiannually or in part annually and in part semiannually. Prior to the issuance of bonds the board may fix limitations or restrictions on the payment of interest.

(Amended by Stats. 1975, Ch. 130.)

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California Government Code

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