Education Code section 81929.5

Bonds shall bear interest at a rate of not to exceed 12 percent per annum, payable annually or semiannually, or in part annually and in part semiannually.

Source: Section 81929.5, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=81929.5. (updated Jan. 1, 1984; accessed Oct. 20, 2025).

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Oct. 20, 2025

§ 81929.5's source at ca.gov

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Location: https://california.public.law/codes/education_code_section_81929.5

Original Source: Section 81929.5, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=81929.5. (last accessed May 12, 2025).