DIVISION 21. WATER CONSERVATION DISTRICTS 74000-76501›PART 6. FINANCIAL PROVISIONS 74750-74977›CHAPTER 3. Bonds 74790-74872›ARTICLE 5. Issuance and Terms 74850-74857
§ 74853
California Water Code · 2018-11 edition · updated 2026-10-04 · California
The bonds shall bear interest at a rate not exceeding 8 percent per year, payable annually or semiannually as may be prescribed by the board at the time of the issuance of the bonds.
(Amended by Stats. 1975, Ch. 130.)
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