California Statutes
§ 17222. — 17222. (Amended by Stats. 2009, Ch. 23, Sec. 4.)
California·Code GOV Government Code - GOV·Div. 4.·Title 2. DIVISION 4. FISCAL AFFAIRS·Part 4. PART 4. WARRANTS·Ch. 2. CHAPTER 2. Registered Warrants·Art. 2. ARTICLE 2. Registration
By a majority vote, the committee shall fix the rate of interest paid on registered warrants at not more than 5 percent per annum, except, if the committee determines that it is in the best interests of the state to do so, the committee may fix the rate of interest paid on any registered warrants at no more than 12 percent per annum.
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California § 17222. (17222. (Amended by Stats. 2009, Ch. 23, Sec. 4.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2009, Ch. 23, Sec. 4. Effective July 28, 2009.