{"code":"SHC","codeName":"Streets and Highways Code","section":"5879.1","citation":"Sts. & Hy. Code, § 5879.1","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 7. THE IMPROVEMENT ACT OF 1911 [5000. - 6794.]","url":"https://blackletter.si/streets-and-highways-code/division-7"},{"name":"PART 3. PERFORMING THE WORK [5100. - 5954.]","url":"https://blackletter.si/streets-and-highways-code/division-7/part-3"},{"name":"CHAPTER 27. Construction of Sidewalks and Curbs [5870. - 5895.54.]","url":"https://blackletter.si/streets-and-highways-code/division-7/part-3/chapter-27"},{"name":"ARTICLE 2. Performing the Work [5875. - 5883.]","url":"https://blackletter.si/streets-and-highways-code/division-7/part-3/chapter-27/article-2"}],"history":"Amended by Stats. 1968, Ch. 986.","effective":null,"html":"<p>The legislative body may adopt a resolution determining that bonds shall be issued and assessments collected and enforced pursuant to Part 5 of this division. In such event, the notice shall also specify that bonds shall be issued to represent the security of the unpaid assessments, payable over a period of not to exceed 10 years, and shall further recite a maximum rate of interest to be paid on the indebtedness, which shall not exceed 7 percent a year, payable semiannually.</p>","text":"The legislative body may adopt a resolution determining that bonds shall be issued and assessments collected and enforced pursuant to Part 5 of this division. In such event, the notice shall also specify that bonds shall be issued to represent the security of the unpaid assessments, payable over a period of not to exceed 10 years, and shall further recite a maximum rate of interest to be paid on the indebtedness, which shall not exceed 7 percent a year, payable semiannually.","otherVersions":[],"url":"https://blackletter.si/streets-and-highways-code/performing-the-work-5879-1","source":"California Legislative Information bulk export (pubinfo)"}