Streets and Highways Code section 1185

The board, by an order entered upon its minutes, shall prescribe all of the following:

(a)

The form of the bonds.

(b)

The time when the bonds become due, not exceeding 40 years from the date thereof.

(c)

The rate of interest the bonds shall bear, not exceeding the maximum rate permitted by law.

Source: Section 1185, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=1185. (accessed Jun. 2, 2025).

Last Updated

May 12, 2025

§ 1185’s source at ca.gov

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Location: https://california.public.law/codes/streets_and_highways_code_section_1185

Original Source: Section 1185, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=1185. (last accessed May 12, 2025).