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DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 9. HEALTH BENEFITS FOR DEPENDENTS OF STATE EMPLOYEES 22980›CHAPTER 2. Classification of Counties 28020-28085›ARTICLE 4. Payment of Unauthorized Indebtedness 30000-30004

§ 30003

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

The bonds shall bear interest at the rate of 5 percent a year and be payable at the time as the board orders, not exceeding 20 years from date of issuance. The bonds shall be signed by the chair of the board of supervisors and the clerk of the board of supervisors.

(Amended by Stats. 2002, Ch. 221, Sec. 38. Effective January 1, 2003.)

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California Government Code

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