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

California Statutes

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

California·Code SHC Streets and Highways Code - SHC·Div. 16. DIVISION 16. HIGHWAY DISTRICTS·Part 2. PART 2. BOULEVARD DISTRICTS·Ch. 10. CHAPTER 10. The Bond Issue

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.

California § 26181. (26181. (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.

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