Statute · California Public Utilities Code
Cal. Pub. Util. Code § 99325 — Limited Obligation Bonds
Cal. Pub. Util. Code § 99325
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The bonds shall be sold as the transportation planning agency shall determine but for not less than a price which will produce a net interest cost that will not exceed an average of 7 percent a year as determined by standard tables of bond values.
Citator
Cal. Pub. Util. Code § 99325 — Limited Obligation Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
The bonds shall be sold as the transportation planning agency shall determine but for not less than a price which will produce a net interest cost that will not exceed an average of 7 percent a year as determined by standard tables of bond values.