California Legal Codes and Statutes

§ 8664.3

Added by Stats. 1985, Ch. 1332, Sec. 7. Effective October 1, 1985.

The legislative body may, by resolution, specify that the interest rate on the bonds may vary from time to time as determined by a bond index or some other means prescribed in the resolution.

Cite this section

Cal. Sts. & High. Code § 8664.3 (2026)
https://ca.codecond.com/codes/shc/division-10-the-improvement-bond-act-of-1915/part-6-5-variable-interest-rate-bonds/section-8664.3

Other sections in Part 6.5 - VARIABLE INTEREST RATE BONDS

§ 8660§ 8660.5§ 8661§ 8662§ 8663§ 8663.5§ 8664§ 8664.3§ 8664.5§ 8665§ 8665.5

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