Government Code section 8878.121

Notwithstanding anything in the State General Obligation Bond Law, the maximum maturity of any bonds authorized by this chapter shall not exceed 20 years from the date of each respective series. The maturity of each series shall be calculated from the date of each series.

Source: Section 8878.121, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=8878.121. (updated Jan. 1, 1990; accessed Nov. 10, 2025).

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Up to date

Verified:
Nov. 17, 2025

§ 8878.121's source at ca.gov

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Location: https://california.public.law/codes/government_code_section_8878.121

Original Source: Section 8878.121, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=8878.121. (last accessed May 12, 2025).