California Water Code

§ 52711

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

WAT § 52711Div. 15 · Part 8 · Ch. 4 · Art. 1

Statute text

View on leginfo.ca.gov

The maturity of the refunding bonds issued pursuant to this chapter and the rate of interest thereon shall be fixed by the board, but in no case shall the maturity of any of the refunding bonds exceed 50 years nor the rate of interest exceed 8 percent per year, payable semiannually.

Legislative history

Amended by Stats. 1975, Ch. 130.