California Public Utilities Code

§ 50253

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

PUC § 50253Div. 10 · Part 5 · Ch. 7 · Art. 4

Statute text

View on leginfo.ca.gov

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.

Legislative history

Added by Stats. 1963, Ch. 839.