BlackletterCalifornia law

Health and Safety Code § 4988

ARTICLE 4. Bonds

Current as of September 28, 2026Health & Saf. Code, § 4988Official source ↗

Amended by Stats. 1975, Ch. 130.

The bonds shall bear interest, as the governing body shall determine, at a rate not to exceed 8 percent per annum, and shall, after the first principal maturity, be payable semiannually by coupon.