Statute · California Health and Safety Code
Cal. Health & Safety Code § 4618 — Issuance of Bonds
Cal. Health & Safety Code § 4618
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The maximum rate of interest to be paid on the bonded indebtedness shall be 8 percent per annum, and shall be payable semiannually. The first interest payable on the bonds or any series of the bonds may, however, be for any period not exceeding one year, as determined by the governing body.
Citator
Cal. Health & Safety Code § 4618 — Issuance of Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
The maximum rate of interest to be paid on the bonded indebtedness shall be 8 percent per annum, and shall be payable semiannually. The first interest payable on the bonds or any series of the bonds may, however, be for any period not exceeding one year, as determined by the governing body.