Statute · California Streets and Highways Code
Cal. Sts. & High. Code § 35406 — Bonds, Acquisitions and Improvements
Cal. Sts. & High. Code § 35406
- Type
- Statute
- Source
- California Streets and Highways Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The bonds shall be issued in such denomination or denominations as the legislative body may prescribe and payable on the day fixed in the bonds, with interest at the rate specified in the bonds. The interest rate shall not be in excess of the maximum stated in the resolution of intention and…
Citator
Cal. Sts. & High. Code § 35406 — Bonds, Acquisitions and Improvements is in force in the current edition of the Code, and nothing recorded condemns it.
The bonds shall be issued in such denomination or denominations as the legislative body may prescribe and payable on the day fixed in the bonds, with interest at the rate specified in the bonds. The interest rate shall not be in excess of the maximum stated in the resolution of intention and shall be paid semiannually, except the first interest coupon may be for a different period.