Statute · California Government Code

Cal. Gov't Code § 26445 — Revenue Bonds

Cal. Gov't Code § 26445

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

Interest on bonds may be paid out of the proceeds of the sale of the bonds during the actual construction of any project for the acquisition, construction or completion of which the bonds have been issued, and for a period of not to exceed two (2) years thereafter as provided for in the indenture.

Citator

Cal. Gov't Code § 26445 — Revenue Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

Interest on bonds may be paid out of the proceeds of the sale of the bonds during the actual construction of any project for the acquisition, construction or completion of which the bonds have been issued, and for a period of not to exceed two (2) years thereafter as provided for in the indenture.