California Statutes

§ 8664. — 8664. (Added by Stats. 1985, Ch. 1332, Sec. 7.)

California § 8664.
JurisdictionCalifornia
Code SHCStreets and Highways Code - SHC
Div. 10.DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915
Part 6.5.PART 6.5. VARIABLE INTEREST RATE BONDS

This text of California § 8664. (8664. (Added by Stats. 1985, Ch. 1332, Sec. 7.)) 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 § 8664. (2026).

Text

Each bond, or any portion of the bond in a fixed amount or any integral multiple of the fixed amount, shall be subject to redemption in advance of its maturity on any interest payment date upon payment to the registered owner of the principal and accrued interest to the date of redemption together with a redemption premium, if any, as determined by the legislative body, not to exceed 5 percent of the principal.

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Legislative History

Added by Stats. 1985, Ch. 1332, Sec. 7. Effective October 1, 1985.

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California § 8664., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/SHC/8664..