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DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 1. GENERAL 36501-36525›CHAPTER 7. City Attorney 41801-41805›ARTICLE 3. Refunding Indebtedness 43720-43747

§ 43722

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

The bonds shall be issued in denominations of not less than one hundred dollars ($100) nor more than one thousand dollars ($1,000) each, have not more than 40 years to run, and bear a rate of interest not to exceed 8 percent a year, payable semiannually.

(Amended by Stats. 1975, Ch. 130.)

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California Government Code

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