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DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 14. Tribal Housing Grant Program Fund Advisory Committee 15990-15990.3›CHAPTER 9. Transportation Debt Service Fund 16965-16965.1›ARTICLE 2. Registration 17220-17224

§ 17222

California Government Code · 2026-09 edition · updated 2026-09-27 · 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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