DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 2. CIVIL SERVICE 31100-31117›CHAPTER 1. General 31200-31208›ARTICLE 1. General 31450-31485.22
§ 31472
California Government Code · 2026-09 edition · updated 2026-09-27 · California
“Regular interest” means interest at 21/2 percent a year until otherwise determined by the board compounded semiannually on June 30th and December 31st.
(Amended by Stats. 1949, Ch. 1228.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code