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2017 California Code
Streets and Highways Code - SHC
DIVISION 10 - THE IMPROVEMENT BOND ACT OF 1915
PART 6.5 - VARIABLE INTEREST RATE BONDS
Section 8664.3.
Universal Citation: CA St & Hwy Code § 8664.3 (2017)
8664.3.
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.
(Added by Stats. 1985, Ch. 1332, Sec. 7. Effective October 1, 1985.)
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