Public Utilities Code § 99325
‹ § 99324§ 99326 ›Open in browserleginfo ↗99325.
The bonds shall be sold as the transportation planning agency shall determine but for not less than a price which will produce a net interest cost that will not exceed an average of 7 percent a year as determined by standard tables of bond values.
(Added by Stats. 1971, Ch. 1400.)