{"code":"HNC","codeName":"Harbors and Navigation Code","section":"7219","citation":"Harb. & Nav. Code, § 7219","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 8. HARBOR AND PORT DISTRICTS [5800. - 7340.]","url":"https://blackletter.si/harbors-and-navigation-code/division-8"},{"name":"PART 7. SMALL CRAFT HARBOR DISTRICTS [7000. - 7340.]","url":"https://blackletter.si/harbors-and-navigation-code/division-8/part-7"},{"name":"CHAPTER 6. Financial Provisions [7170. - 7243.]","url":"https://blackletter.si/harbors-and-navigation-code/division-8/part-7/chapter-6"},{"name":"ARTICLE 4. General Obligation Bonds [7210. - 7227.]","url":"https://blackletter.si/harbors-and-navigation-code/division-8/part-7/chapter-6/article-4"}],"history":"Added by Stats. 1959, Ch. 1598.","effective":null,"html":"<p>The bonds shall bear interest at a rate or rates not to exceed 6 percent per annum payable semiannually, except that interest for the first year shall be payable at the end of the year.</p>","text":"The bonds shall bear interest at a rate or rates not to exceed 6 percent per annum payable semiannually, except that interest for the first year shall be payable at the end of the year.","otherVersions":[],"url":"https://blackletter.si/harbors-and-navigation-code/general-obligation-bonds-7219","source":"California Legislative Information bulk export (pubinfo)"}