DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915 8500-8887›PART 6. FORM AND CONTENT OF BONDS 8650-8655

§ 8654

California Streets and Highways Code · 2026-09 edition · updated 2026-10-03 · California

The bonds shall bear interest at the rate specified or determined in the proceedings. The bonds maturing in any year shall constitute the annual series of that year and the aggregate principal of the bonds in such series shall equal the annual proportion of the aggregate principal sum of the entire bond issue hereinbefore referred to.

(Amended by Stats. 1985, Ch. 65, Sec. 8. Effective June 6, 1985.)

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California Streets and Highways Code

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