{"code":"PUC","codeName":"Public Utilities Code","section":"29173","citation":"Pub. Util. Code, § 29173","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 2. SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT [28500. - 29757.]","url":"https://blackletter.si/public-utilities-code/division-10/part-2"},{"name":"CHAPTER 8. Bonds and Other Evidences of Indebtedness [29150. - 29293.]","url":"https://blackletter.si/public-utilities-code/division-10/part-2/chapter-8"},{"name":"ARTICLE 2. Form and Terms of General Obligation Bonds [29169. - 29184.]","url":"https://blackletter.si/public-utilities-code/division-10/part-2/chapter-8/article-2"}],"history":"Amended by Stats. 1975, Ch. 130.","effective":null,"html":"<p>Bonds shall bear interest at a rate of not to exceed 8 percent per annum, payable semiannually, except that interest for the first year or any fraction thereof may be paid in one installment.</p>","text":"Bonds shall bear interest at a rate of not to exceed 8 percent per annum, payable semiannually, except that interest for the first year or any fraction thereof may be paid in one installment.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/form-and-terms-of-general-obligation-bonds-29173","source":"California Legislative Information bulk export (pubinfo)"}