Cal. Health & Saf. Code § 32305

Current through the 2023 Legislative Session.
Section 32305 - Rate of interest

The rate of interest to be borne by bonds issued under the authority of this chapter shall be fixed by the board of directors. The rate shall not exceed 8 percent per annum, payable annually or semiannually.

Ca. Health and Saf. Code § 32305

Amended by Stats. 1975, Ch. 130.