BlackletterCalifornia law

Health and Safety Code § 32305

CHAPTER 4. Bonds

Current as of September 28, 2026Health & Saf. Code, § 32305Official source ↗

Amended by Stats. 1975, Ch. 130.

The rate of interest to be borne by bonds issued under the authority of this chapter shall be fixed by the board of directors. The rate shall not exceed 8 percent per annum, payable annually or semiannually.