Government Code § 26338
‹ § 26337§ 26339 ›Open in browserleginfo ↗26338.
Bonds shall bear interest at a rate of not to exceed 8 percent per annum, payable annually or semiannually or in part annually and in part semiannually. Prior to the issuance of bonds the board may fix limitations or restrictions on the payment of interest.
(Amended by Stats. 1975, Ch. 130.)