{"code":"SHC","codeName":"Streets and Highways Code","section":"35505","citation":"Sts. & Hy. Code, § 35505","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 18. PARKING [31500. - 36745.]","url":"https://blackletter.si/streets-and-highways-code/division-18"},{"name":"PART 4. PARKING DISTRICT LAW OF 1951 [35100. - 35708.]","url":"https://blackletter.si/streets-and-highways-code/division-18/part-4"},{"name":"CHAPTER 3.5. Assessments and Bonds for Assessments [35450. - 35549.1.]","url":"https://blackletter.si/streets-and-highways-code/division-18/part-4/chapter-3.5"},{"name":"ARTICLE 3. Bonds for Assessments [35500. - 35512.]","url":"https://blackletter.si/streets-and-highways-code/division-18/part-4/chapter-3.5/article-3"}],"history":"Repealed and added by Stats. 1969, Ch. 234.","effective":null,"html":"<p>The bonds may be sold at any rate of interest not exceeding that stated in the resolution of intention. The maximum interest rate shall not exceed 7 percent a year.</p>","text":"The bonds may be sold at any rate of interest not exceeding that stated in the resolution of intention. The maximum interest rate shall not exceed 7 percent a year.","otherVersions":[],"url":"https://blackletter.si/streets-and-highways-code/bonds-for-assessments-35505","source":"California Legislative Information bulk export (pubinfo)"}