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2025 California Code
Public Utilities Code - PUC
DIVISION 25 - RIVERSIDE COUNTY TRANSPORTATION COMMISSION
CHAPTER 4 - Transactions and Use Tax
Section 240312.
Universal Citation:
CA Pub Util Code § 240312 (2025)
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240312. The bonds shall bear interest at a rate or rates not exceeding the maximum allowable by law, payable at intervals determined by the commission, except that the first interest payable on the bonds, or any series thereof, may be for any period not exceeding one year, as determined by the commission.
(Added by Stats. 1987, Ch. 270, Sec. 2. Effective July 28, 1987.)
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