DIVISION 6. CONSERVATION, DEVELOPMENT, AND UTILIZATION OF STATE WATER RESOURCES 10000-12999›PART 6. WATER DEVELOPMENT PROJECTS 12570-12949.5›CHAPTER 5. State Financial Assistance for Local Projects 12880-12893›ARTICLE 6. Loans 12885-12885.9
§ 12885.8
California Water Code · 2026-09 edition · updated 2026-10-03 · California
The department shall require the payment of interest on each loan that is made pursuant to this chapter after the effective date of the 1967 act amending this section, at a rate of 21/2 percent per annum.
(Amended by Stats. 1967, Ch. 179.)
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