Cal. Pub. Util. Code § 101318

Current through the 2023 Legislative Session.
Section 101318 - Interest

Refunding bonds shall bear interest at a rate not exceeding the interest rate on the refunded bonds, but payment of the refunding bonds shall begin not later than one year from the date thereof and be completed in not more than 40 years from that date.

Ca. Pub. Util. Code § 101318

Added by Stats. 1971, Ch. 1161.