Section 8664.3

Sts. & High. Code § 8664.3, under VARIABLE INTEREST RATE BONDS.

Sts. & High. Code § 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.)