California Statutes

§ 12860. — 12860. (Amended by Stats. 1983, Ch. 394, Sec. 2.)

California § 12860.
JurisdictionCalifornia
Code PUCPublic Utilities Code - PUC
Div. 6.DIVISION 6. MUNICIPAL UTILITY DISTRICT ACT
Ch. 6.CHAPTER 6. Powers and Functions of District
Art. 6b.ARTICLE 6b. Bonds

This text of California § 12860. (12860. (Amended by Stats. 1983, Ch. 394, Sec. 2.)) 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. Public Utilities Code - PUC Code § 12860. (2026).

Text

Bonds issued by a district, pursuant to Article 8 (commencing with Section 53540) of Chapter 3 of Part 1 of Division 2 of Title 5 of the Government Code, may bear interest at the rate or rates as may be fixed by the board of directors without regard to the limitations set forth in Section 53541 of the Government Code, and may be sold at a discount, as determined by the board of directors.

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Legislative History

Amended by Stats. 1983, Ch. 394, Sec. 2. Effective July 26, 1983.
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California § 12860., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/12860..