Earlier editions: 2020-112018-112026-09
DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915 8500-8887›PART 6.5. VARIABLE INTEREST RATE BONDS 8660-8665.5
§ 8663.5
California Streets and Highways Code · 2026-10 edition · updated 2026-10-04 · California
Interest on all unpaid assessments shall run from the date of the bonds, and shall be computed for each interest pay period at the date determined pursuant to the terms of the bond for that interest pay period.
(Added by Stats. 1985, Ch. 1332, Sec. 7. Effective October 1, 1985.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code