BlackletterCalifornia law

Public Utilities Code § 29173

ARTICLE 2. Form and Terms of General Obligation Bonds

Current as of September 28, 2026Pub. Util. Code, § 29173Official source ↗

Amended by Stats. 1975, Ch. 130.

Bonds shall bear interest at a rate of not to exceed 8 percent per annum, payable semiannually, except that interest for the first year or any fraction thereof may be paid in one installment.