BlackletterCalifornia law

Government Code § 30003

ARTICLE 4. Payment of Unauthorized Indebtedness

Current as of September 28, 2026Gov. Code, § 30003Official source ↗

Amended by Stats. 2002, Ch. 221, Sec. 38. Effective January 1, 2003.

The bonds shall bear interest at the rate of 5 percent a year and be payable at the time as the board orders, not exceeding 20 years from date of issuance. The bonds shall be signed by the chair of the board of supervisors and the clerk of the board of supervisors.