California Legal Codes and Statutes

§ 99325

Added by Stats. 1971, Ch. 1400.

The bonds shall be sold as the transportation planning agency shall determine but for not less than a price which will produce a net interest cost that will not exceed an average of 7 percent a year as determined by standard tables of bond values.

Cite this section

Cal. Pub. Util. Code § 99325 (2026)
https://ca.codecond.com/codes/puc/division-10-transit-districts/part-11-provisions-applicable-to-all-public-transit/chapter-4-transportation-development/article-7-limited-obligation-bonds/section-99325

Other sections in Article 7 - Limited Obligation Bonds

§ 99320§ 99320.5§ 99321§ 99322§ 99323§ 99324§ 99325§ 99326§ 99327§ 99328…§ 99374§ 99375§ 99376§ 99377§ 99378§ 99379§ 99380§ 99381§ 99382§ 99383

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