California § 26181. 26181. (Amended by Stats. 1975, Ch. 130.)

California Statutes

§ 26181. — 26181. (Amended by Stats. 1975, Ch. 130.)

California § 26181.

JurisdictionCalifornia

Code SHCStreets and Highways Code - SHC

Div. 16.DIVISION 16. HIGHWAY DISTRICTS

Part 2.PART 2. BOULEVARD DISTRICTS

Ch. 10.CHAPTER 10. The Bond Issue

This text of California § 26181. (26181. (Amended by Stats. 1975, Ch. 130.)) 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.

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Cal. Streets and Highways Code - SHC Code § 26181. (2026).

Text

All bonds shall be payable in lawful money of the United States at the office of the county treasurer of the county in which the district is situated, and shall bear interest at a rate not to exceed 8 percent per annum which shall be payable semiannually. Not less than one-thirtieth part of the total issue of bonds shall be payable each year, commencing not more than five years after the date of the bond issue.

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All bonds shall be payable in lawful money of the United States at the office of the county treasurer of the county in which the district is situated, and shall bear interest at a rate not to exceed 8 percent per annum which shall be payable semiannually. Not less than one-thirtieth part of the total issue of bonds shall be payable each year, commencing not more than five years after the date of the bond issue.

Legislative History

Amended by Stats. 1975, Ch. 130.

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California § 26181., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/26181..