{"code":"PUC","codeName":"Public Utilities Code","section":"131112","citation":"Pub. Util. Code, § 131112","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 12.5. COUNTY TRAFFIC AND TRANSPORTATION FUNDING IN THE NINE-COUNTY SAN FRANCISCO BAY AREA [131000. - 131304.]","url":"https://blackletter.si/public-utilities-code/division-12.5"},{"name":"CHAPTER 3. Retail Transactions and Use Tax [131100. - 131122.]","url":"https://blackletter.si/public-utilities-code/division-12.5/chapter-3"}],"history":"Added by Stats. 1986, Ch. 301, Sec. 3.   Effective July 14, 1986.","effective":"1986-07-14","html":"<p>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.</p>","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.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/retail-transactions-and-use-tax-131112","source":"California Legislative Information bulk export (pubinfo)"}