Statute · California Government Code

Cal. Gov't Code § 16733 — Issuance of Bonds

Cal. Gov't Code § 16733

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2001-07-24
Current through
Nov 2, 2026 (California Legislative Counsel)

The rate of interest to be borne by the bonds need not be uniform for all bonds of the same issue, and shall be the rate or rates specified in the bid or proposal for negotiated sale accepted by the Treasurer, unless a variable interest rate is prescribed for the bonds in the resolution pursuant…

Citator

Cal. Gov't Code § 16733 — Issuance of Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

The rate of interest to be borne by the bonds need not be uniform for all bonds of the same issue, and shall be the rate or rates specified in the bid or proposal for negotiated sale accepted by the Treasurer, unless a variable interest rate is prescribed for the bonds in the resolution pursuant to subdivision (d) of Section 16731. The first interest payment date may be any date within one year after the date of the bonds.