California Legal Codes and Statutes

§ 26438

Amended by Stats. 1975, Ch. 130.

Bonds shall bear interest at a rate of not to exceed 8 percent per annum, payable annually or semiannually or in part annually and in part semiannually. Prior to the issuance of bonds the board may fix limitations or restrictions on the payment of interest.

Cite this section

Cal. Gov. Code § 26438 (2026)
https://ca.codecond.com/codes/gov/title-3-government-of-counties/division-2-officers/part-2-board-of-supervisors/chapter-15-revenue-bonds-for-county-incinerators/article-2-revenue-bonds/section-26438

Other sections in Article 2 - Revenue Bonds

§ 26415§ 26416§ 26417§ 26418§ 26419§ 26420§ 26421§ 26422§ 26423§ 26424…§ 26444§ 26445§ 26446§ 26447§ 26448§ 26449§ 26450§ 26451§ 26452§ 26453

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.