Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 8517 — Metropolitan Transportation Commission
Cal. Rev. & Tax. Code § 8517
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 1998-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The bonds shall bear interest at a rate or rates not exceeding the maximum allowable by law, payable at intervals determined by the commission, except that the first interest payable on the bonds, or any series thereof, may be for any period not exceeding one year, as determined by the commission.
Citator
Cal. Rev. & Tax. Code § 8517 — Metropolitan Transportation Commission is in force in the current edition of the Code, and nothing recorded condemns it.
The bonds shall bear interest at a rate or rates not exceeding the maximum allowable by law, payable at intervals determined by the commission, except that the first interest payable on the bonds, or any series thereof, may be for any period not exceeding one year, as determined by the commission.