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TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 4. FISCAL AFFAIRS 16100-17700›PART 4. WARRANTS 17000-17296.5›CHAPTER 2. Registered Warrants 17200-17296.5›ARTICLE 2. Registration 17220-17224

§ 17222

California Government Code · 2020-11 edition · updated 2026-10-04 · California

By a majority vote, the committee shall fix the rate of interest paid on registered warrants at not more than 5 percent per annum, except, if the committee determines that it is in the best interests of the state to do so, the committee may fix the rate of interest paid on any registered warrants at no more than 12 percent per annum.

(Amended by Stats. 2009, Ch. 23, Sec. 4. Effective July 28, 2009.)

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California Government Code

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