Revenue bonds shall bear interest at a rate not in excess of 8 percent per annum, payable annually or semiannually as may be prescribed by the board.
Cal. Water Code § 36352
Miscellaneous Provisions
Known as the California Water District Law
The act spans §§ 34000–38501 (855 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.