Statute · California Government Code

Cal. Gov't Code § 1652 — Payment of Premiums

Cal. Gov't Code § 1652

Type
Statute
Source
California Government Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

No premium or charge paid by the state, a county, city, or district shall exceed one-half of 1 percent per annum on the amount of the bond, but a minimum premium or charge of twenty-five dollars ($25) per annum may be imposed.

Citator

Cal. Gov't Code § 1652 — Payment of Premiums is in force in the current edition of the Code, and nothing recorded condemns it.

No premium or charge paid by the state, a county, city, or district shall exceed one-half of 1 percent per annum on the amount of the bond, but a minimum premium or charge of twenty-five dollars ($25) per annum may be imposed.