The rate of interest specified in the agreement or plan shall not exceed 8 percent per year.
Cal. Water Code § 24761
Modification of Bonds and Warrants
Known as the Irrigation District Law
The act spans §§ 20500–29978 (1,017 sections).
Amended by Stats. 1975, Ch. 130.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.