California Statutes
§ 33138. — 33138. (Amended by Stats. 1975, Ch. 130.)
California § 33138.
JurisdictionCalifornia
Code SHCStreets and Highways Code - SHC
Div. 18.DIVISION 18. PARKING
Part 2.PART 2. PARKING LAW OF 1949
Ch. 5.CHAPTER 5. Revenue Bonds
This text of California § 33138. (33138. (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.
Bluebook
Cal. Streets and Highways Code - SHC Code § 33138. (2026).
Text
The authority may sell bonds at a price below the par or face value, provided that the discount on any bonds so sold shall not exceed 8 percent of the par value thereof.
The interest rate on the bonds shall not exceed 8 percent, payable semiannually. The sale shall be conducted in compliance with Chapter 10 (commencing with Section 5800) of Division 6 of Title 1 of the Government Code.
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Legislative History
Amended by Stats. 1975, Ch. 130.
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California § 33138., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/33138..