Streets and Highways Code section 35505

The bonds may be sold at any rate of interest not exceeding that stated in the resolution of intention. The maximum interest rate shall not exceed 7 percent a year.

Source: Section 35505, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=35505. (accessed May 9, 2025).

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Last Updated

Apr. 24, 2025

§ 35505’s source at ca.gov

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Location: https://california.public.law/codes/streets_and_highways_code_section_35505

Original Source: Section 35505, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC§ionNum=35505. (last accessed Apr. 24, 2025).