Health and Safety Code section 4988

The bonds shall bear interest, as the governing body shall determine, at a rate not to exceed 8 percent per annum, and shall, after the first principal maturity, be payable semiannually by coupon.

Source: Section 4988, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=4988. (updated Jan. 1, 1975; accessed Jul. 27, 2026).

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Up to date

Verified:
Jul. 27, 2026

§ 4988's source at ca.gov

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Location: https://california.public.law/codes/health_and_safety_code_section_4988

Original Source: Section 4988, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=4988. (last accessed May 12, 2025).