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DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 9. HEALTH BENEFITS FOR DEPENDENTS OF STATE EMPLOYEES 22980›CHAPTER 13. Miscellaneous Powers 26200-26231›ARTICLE 2. Revenue Bonds 26315-26353

§ 26345

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