California Streets and Highways Code

§ 25402

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

SHC § 25402Div. 16 · Part 1 · Ch. 17

Statute text

View on leginfo.ca.gov

The board of directors shall prescribe the denominations of the revenue bonds which shall mature serially in convenient amounts not necessarily equal. Revenue bonds shall bear such rate of interest not to exceed 8 percent per annum as may be determined by the board of directors.

Legislative history

Amended by Stats. 1975, Ch. 130.