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Cal. Streets and Highways Code § 25402

Cal. Streets and Highways Code § 25402

California · California Streets and Highways Code · Status: effective

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Cal. Streets and Highways Code § 25402, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/928643
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The board of directors shall prescribe the denominations of the revenue bonds which shall mature serially in convenient amounts not necessarily equal. Revenue bonds shall bear such rate of interest not to exceed 8 percent per annum as may be determined by the board of directors.