Statute · California Public Utilities Code
Cal. Pub. Util. Code § 12860 — Bonds
Cal. Pub. Util. Code § 12860
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Date
- 1983-07-26
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Bonds issued by a district, pursuant to Article 8 (commencing with Section 53540) of Chapter 3 of Part 1 of Division 2 of Title 5 of the Government Code, may bear interest at the rate or rates as may be fixed by the board of directors without regard to the limitations set forth in Section 53541…
Citator
Cal. Pub. Util. Code § 12860 — Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
Bonds issued by a district, pursuant to Article 8 (commencing with Section 53540) of Chapter 3 of Part 1 of Division 2 of Title 5 of the Government Code, may bear interest at the rate or rates as may be fixed by the board of directors without regard to the limitations set forth in Section 53541 of the Government Code, and may be sold at a discount, as determined by the board of directors.