Statute · California Government Code

Cal. Gov't Code § 26438 — Revenue Bonds

Cal. Gov't Code § 26438

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

Bonds shall bear interest at a rate of not to exceed 8 percent per annum, payable annually or semiannually or in part annually and in part semiannually. Prior to the issuance of bonds the board may fix limitations or restrictions on the payment of interest.

Citator

Cal. Gov't Code § 26438 — Revenue Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

Bonds shall bear interest at a rate of not to exceed 8 percent per annum, payable annually or semiannually or in part annually and in part semiannually. Prior to the issuance of bonds the board may fix limitations or restrictions on the payment of interest.