Statute · California Streets and Highways Code
Cal. Sts. & High. Code § 8664.3 — VARIABLE INTEREST RATE BONDS
Cal. Sts. & High. Code § 8664.3
- Type
- Statute
- Source
- California Streets and Highways Code
- Jurisdiction
- California
- Date
- 1985-10-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The legislative body may, by resolution, specify that the interest rate on the bonds may vary from time to time as determined by a bond index or some other means prescribed in the resolution.
Citator
Cal. Sts. & High. Code § 8664.3 — VARIABLE INTEREST RATE BONDS is in force in the current edition of the Code, and nothing recorded condemns it.
The legislative body may, by resolution, specify that the interest rate on the bonds may vary from time to time as determined by a bond index or some other means prescribed in the resolution.