California Streets and Highways Code

§ 8654

SHC § 8654 Effective Jun 6, 1985Div. 10 · Part 6

Statute text

The bonds shall bear interest at the rate specified or determined in the proceedings. The bonds maturing in any year shall constitute the annual series of that year and the aggregate principal of the bonds in such series shall equal the annual proportion of the aggregate principal sum of the entire bond issue hereinbefore referred to.

Legislative history

Amended by Stats. 1985, Ch. 65, Sec. 8. Effective June 6, 1985.