§ 4789
62 words·~1 min read·
/ca/health-and-safety-code/4789A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The bonds shall be issued in such denomination or denominations as the district board may determine. They shall be payable on the day and at the place fixed in the bonds, and with interest at the rate specified in the bonds, which rate shall not be in excess of 8 percent per annum, and shall, after the first year, be payable semiannually.