DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915 8500-8887›PART 6.5. VARIABLE INTEREST RATE BONDS 8660-8665.5
§ 8664.3
California Streets and Highways Code · 2020-11 edition · updated 2026-10-04 · California
The legislative body may, by resolution, specify that the interest rate on the bonds may vary from time to time as determined by a bond index or some other means prescribed in the resolution.
(Added by Stats. 1985, Ch. 1332, Sec. 7. Effective October 1, 1985.)
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