§ 9398
61 words·~1 min read·
/ca/water-code/9398A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The bonds shall bear interest at a rate to be fixed by the order of the board for issuance of the bonds not to exceed 6 per cent per annum payable semiannually on the first day of January and the first day of July in each year, at the office of the State Treasurer upon presentation of the proper coupons therefor.