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TITLE 6. DISTRICTS 58000-62262›DIVISION 1. GENERAL 58000-60375.5›CHAPTER 5. Special Assessment and Bond Refunding Law of 1939 59100-59674›ARTICLE 3. Resolution of Intention 59210-59226

§ 59218

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

The resolution shall state:

(a) That it is proposed to issue bonds of the new district.

(b) The maximum amount for which and the character of the proposed new bonds.

(c) The maximum term of the bonds.

(d) The maximum rate of interest to be paid on them, not to exceed 7 percent a year.

(Added by Stats. 1951, Ch. 331.)

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