Cal. Public Utilities Code § 131112
Cal. Public Utilities Code § 131112
California · California Public Utilities Code · Status: effective · Effective 1986-07-14
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- Citation
- Cal. Public Utilities Code § 131112, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/915690
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Full text
The bonds shall bear interest at a rate or rates not exceeding the maximum allowable by law, payable semiannually, except that the first interest payable on the bonds, or any series thereof, may be for any period not exceeding one year, as determined by the agency imposing the retail transactions and use tax.