Notwithstanding anything in the State General Obligation Bond Law, the maximum maturity of any bonds authorized by this chapter shall not exceed 30 years from the date of each respective series. The maturity of each series shall be calculated from the date of each series.
Cal. Gov. Code § 8879.14
Fiscal Provisions
Known as the Seismic Retrofit Bond Act
The act spans §§ 8879–8879 (16 sections).
Added by Stats. 1995, Ch. 310, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.