California Statutes
§ 8664.3. — 8664.3. (Added by Stats. 1985, Ch. 1332, Sec. 7.)
California·Code SHC Streets and Highways Code - SHC·Div. 10. DIVISION 10. THE IMPROVEMENT BOND ACT OF 1915·Part 6.5. PART 6.5. VARIABLE INTEREST RATE BONDS
The legislative body may, by resolution, specify that the interest rate on the bonds may vary from time to time as determined by a bond index or some other means prescribed in the resolution.
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California § 8664.3. (8664.3. (Added by Stats. 1985, Ch. 1332, Sec. 7.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1985, Ch. 1332, Sec. 7. Effective October 1, 1985.