{"code":"SHC","codeName":"Streets and Highways Code","section":"8206","citation":"Sts. & Hy. Code, § 8206","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 9. CHANGE OF GRADE AND VACATION [8000. - 8363.]","url":"https://blackletter.si/streets-and-highways-code/division-9"},{"name":"PART 2. SEPARATION OF GRADE DISTRICTS [8100. - 8297.]","url":"https://blackletter.si/streets-and-highways-code/division-9/part-2"},{"name":"CHAPTER 8. The Bond Issue [8205. - 8210.]","url":"https://blackletter.si/streets-and-highways-code/division-9/part-2/chapter-8"}],"history":"Added by Stats. 1949, Ch. 1147.","effective":null,"html":"<p>All bonds shall be payable in lawful money of the United States at the office of the county treasurer of the county, and shall bear interest at a rate not to exceed 6 percent per annum, which shall be payable semiannually. Not less than one-thirtieth part of the total issue of bonds shall be payable each year, commencing not more than five years after the date of the bond issue.</p>","text":"All bonds shall be payable in lawful money of the United States at the office of the county treasurer of the county, and shall bear interest at a rate not to exceed 6 percent per annum, which shall be payable semiannually. Not less than one-thirtieth part of the total issue of bonds shall be payable each year, commencing not more than five years after the date of the bond issue.","otherVersions":[],"url":"https://blackletter.si/streets-and-highways-code/the-bond-issue-8206","source":"California Legislative Information bulk export (pubinfo)"}