TITLE 3. GOVERNMENT OF COUNTIES 23000-33205›DIVISION 2. OFFICERS 24000-28085›PART 2. BOARD OF SUPERVISORS 25000-26490›CHAPTER 14. Revenue Bonds for County Improvements 26301-26400.53›ARTICLE 2. Revenue Bonds 26315-26353

§ 26338

California Government Code · 2020-11 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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