Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 9407 — Issuance of Refunding Bonds

Cal. Sts. & High. Code § 9407

Type
Statute
Source
California Streets and Highways Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The rate of interest on refunding bonds shall not exceed the rate of interest on the outstanding bonds.

Citator

Cal. Sts. & High. Code § 9407 — Issuance of Refunding Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

The rate of interest on refunding bonds shall not exceed the rate of interest on the outstanding bonds.