California Statutes
§ 33138. — 33138. (Amended by Stats. 1975, Ch. 130.)
California·Code SHC Streets and Highways Code - SHC·Div. 18. DIVISION 18. PARKING·Part 2. PART 2. PARKING LAW OF 1949·Ch. 5. CHAPTER 5. Revenue Bonds
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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California § 33138. (33138. (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.