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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

§ 26345

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

Interest on bonds may be paid out of the proceeds of the sale of the bonds during the actual construction of any project for the acquisition, construction or completion of which the bonds have been issued, and for a period of not to exceed two (2) years thereafter as provided for in the indenture.

(Added by Stats. 1947, Ch. 815.)

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California Government Code

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