Bonds shall bear interest at a rate of not to exceed 8 percent per annum, payable semiannually, except that interest for the first year or any fraction thereof may be paid in one installment.
(Amended by Stats. 1975, Ch. 130.)
Section 29173
Pub. Util. Code § 29173, under Form and Terms of General Obligation Bonds.
Pub. Util. Code § 29173