DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 7. Operative Date 7931.000›CHAPTER 12.4. Disaster Recovery Reconstruction Act of 1986 8877.1-8877.6›ARTICLE 3. Fiscal Provisions 8879.5-8879.16

§ 8879.14

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

Notwithstanding anything in the State General Obligation Bond Law, the maximum maturity of any bonds authorized by this chapter shall not exceed 30 years from the date of each respective series. The maturity of each series shall be calculated from the date of each series.

(Added by Stats. 1995, Ch. 310, Sec. 1. Approved in Proposition 192 at the March 26, 1996, election.)

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California Government Code

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