Education Code § 90040

ARTICLE 2. The State University Revenue Bond Act of 1947

Current as of September 28, 2026Ed. Code, § 90040Official source ↗

Amended by Stats. 2007, Ch. 352, Sec. 7. Effective January 1, 2008.

Bonds shall bear interest at a fixed or variable rate of not to exceed 12 percent per annum, payable in the time, form, and manner set forth in the indenture for the bonds.