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DIVISION 18. PARKING 31500-36745›PART 2. PARKING LAW OF 1949 32500-33552›CHAPTER 5. Revenue Bonds 33100-33148

§ 33140

California Streets and Highways Code · 2020-11 edition · updated 2026-10-04 · California

The authority may provide that interest on bonds issued for the acquisition, construction, or completion of any project may be paid out of the proceeds of the sale of the bonds during the actual construction of the project and for a period of not to exceed two years after completion of actual construction, or for any other reasonably limited period.

(Amended by Stats. 1951, Ch. 1388.)

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