California Legal Codes and Statutes

§ 90040

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.

Cite this section

Cal. Educ. Code § 90040 (2026)
https://ca.codecond.com/codes/edc/title-3-postsecondary-education/division-8-california-state-university/part-55-california-state-university/chapter-8-housing-and-auxiliary-services/article-2-the-state-university-revenue-bond-act-of-1947/section-90040

Other sections in Article 2 - The State University Revenue Bond Act of 1947

§ 90010§ 90011§ 90012§ 90013§ 90014§ 90015§ 90016§ 90017§ 90018§ 90019…§ 90074§ 90075§ 90076§ 90077§ 90078§ 90079§ 90080§ 90081§ 90082§ 90083

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