California Statutes
§ 53360.7. — 53360.7. (Added by Stats. 1984, Ch. 1406, Sec. 4.)
California § 53360.7.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.2.
Title 5.DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES
Part 1.PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES
Ch. 2.5.CHAPTER 2.5. The Mello-Roos Community Facilities Act of 1982
Art. 5.ARTICLE 5. Bonds
This text of California § 53360.7. (53360.7. (Added by Stats. 1984, Ch. 1406, Sec. 4.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Government Code - GOV Code § 53360.7. (2026).
Text
The legislative body may provide that bonds shall bear a variable interest rate, and for the manner and intervals in which the rate shall vary. The variable rate shall not exceed the maximum rate permitted by Section 53531 or any other applicable provision of law limiting the maximum interest rate on bonds.
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Legislative History
Added by Stats. 1984, Ch. 1406, Sec. 4. Effective September 26, 1984.
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California § 53360.7., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/53360.7..