California § 13468. 13468. (Added by Stats. 1986, Ch. 6, Sec. 1.)

California Statutes

§ 13468. — 13468. (Added by Stats. 1986, Ch. 6, Sec. 1.)

California § 13468.

Code WATWater Code - WAT

Div. 7.DIVISION 7. WATER QUALITY

Ch. 6.1.CHAPTER 6.1. Water Conservation and Water Quality Bond Law of 1986

This text of California § 13468. (13468. (Added by Stats. 1986, Ch. 6, Sec. 1.)) 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. Water Code - WAT Code § 13468. (2026).

Text

It is the intent of language in Section 13998.8(i)(3), Section 13999.10(d), and Section 13999.11(d) of the Water Code which was enacted by the voters in the Clean Water Bond Law of 1984 that “the average interest rate paid by the state on general obligation bonds in the calendar year immediately preceding the year in which the loan agreement is made” means the interest rate computed by the true interest cost method on the bonds most recently issued pursuant to the Clean Water Bond Law of 1984.

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It is the intent of language in Section 13998.8(i)(3), Section 13999.10(d), and Section 13999.11(d) of the Water Code which was enacted by the voters in the Clean Water Bond Law of 1984 that “the average interest rate paid by the state on general obligation bonds in the calendar year immediately preceding the year in which the loan agreement is made” means the interest rate computed by the true interest cost method on the bonds most recently issued pursuant to the Clean Water Bond Law of 1984.

Legislative History

Added by Stats. 1986, Ch. 6, Sec. 1. Approved in Proposition 44 at the June 3, 1986, election.

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California § 13468., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/WAT/13468..