California Public Utilities Code

§ 99325

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

PUC § 99325Div. 10 · Part 11 · Ch. 4 · Art. 7

Statute text

View on leginfo.ca.gov

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.

Legislative history

Added by Stats. 1971, Ch. 1400.