{"code":"PUC","codeName":"Public Utilities Code","section":"103359","citation":"Pub. Util. Code, § 103359","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]","url":"https://blackletter.si/public-utilities-code/division-10"},{"name":"PART 15. SAN MATEO COUNTY TRANSIT DISTRICT [103000. - 103700.]","url":"https://blackletter.si/public-utilities-code/division-10/part-15"},{"name":"CHAPTER 5. Powers and Functions of District [103200. - 103399.11.]","url":"https://blackletter.si/public-utilities-code/division-10/part-15/chapter-5"},{"name":"ARTICLE 10. Retail Transaction and Use Tax [103350. - 103363.]","url":"https://blackletter.si/public-utilities-code/division-10/part-15/chapter-5/article-10"}],"history":"Added by Stats. 1987, Ch. 1328, Sec. 5.   Effective September 29, 1987.","effective":"1987-09-29","html":"<p>The district may provide for the bonds to bear a variable interest rate, for the manner and intervals in which the rate shall vary, and for the dates on which the interest shall be payable. In connection with the issuance of bonds, the district may enter into any agreement for liquidity or credit enhancement that may be necessary or desirable, as determined by the district.</p>","text":"The district may provide for the bonds to bear a variable interest rate, for the manner and intervals in which the rate shall vary, and for the dates on which the interest shall be payable. In connection with the issuance of bonds, the district may enter into any agreement for liquidity or credit enhancement that may be necessary or desirable, as determined by the district.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/retail-transaction-and-use-tax-103359","source":"California Legislative Information bulk export (pubinfo)"}