DIVISION 5. FLOOD CONTROL 8000-9651›PART 5. RECLAMATION BOARD BOND ACT 9250-9577›CHAPTER 6. Bonds 9395-9527›ARTICLE 1. In General 9395-9405
§ 9398
California Water Code · 2026-09 edition · updated 2026-10-03 · California
The bonds shall bear interest at a rate to be fixed by the order of the board for issuance of the bonds not to exceed 6 per cent per annum payable semiannually on the first day of January and the first day of July in each year, at the office of the State Treasurer upon presentation of the proper coupons therefor.
(Added by Stats. 1943, Ch. 369.)
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