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Earlier editions: 2020-112018-11

DIVISION 11. REFUNDING OF BONDS ISSUED UNDER THE “IMPROVEMENT BOND ACT OF 1915” 9000-9481›CHAPTER 11. Issuance of Refunding Bonds 9400-9417

§ 9407

California Streets and Highways Code · 2026-10 edition · updated 2026-10-04 · California

The rate of interest on refunding bonds shall not exceed the rate of interest on the outstanding bonds.

(Added by Stats. 1951, Ch. 463.)

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California Streets and Highways Code

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