California Health and Safety Code

§ 4789

HSC § 4789Div. 5 · Part 3 · Ch. 3 · Art. 5

Statute text

The bonds shall be issued in such denomination or denominations as the district board may determine. They shall be payable on the day and at the place fixed in the bonds, and with interest at the rate specified in the bonds, which rate shall not be in excess of 8 percent per annum, and shall, after the first year, be payable semiannually.

Legislative history

Amended by Stats. 1975, Ch. 130.