California Statutes
§ 10602. — 10602. (Amended by Stats. 1975, Ch. 130.)
California·Code SHC Streets and Highways Code - SHC·Div. 12. DIVISION 12. THE MUNICIPAL IMPROVEMENT ACT OF 1913·Ch. 7. CHAPTER 7. Improvement Bonds
The bonds may be issued and sold as the legislative body directs. The proceeds of the bonds shall be deposited in the fund specified in Section 10424. The notice in the resolution of intention shall recite a maximum rate of interest to be paid on the indebtedness, not to exceed 8 percent a year payable semiannually, which rate shall not be exceeded in the issuance of the bonds. All bonds shall be made payable to bearer.
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California § 10602. (10602. (Amended by Stats. 1975, Ch. 130.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1975, Ch. 130.