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California · Through 2026-09-13

GOV § 53360.7

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Where this section sits in the code
  1. Government Code - GOV
  2. TITLE 5. LOCAL AGENCIES [50001. - 57607.]
  3. DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 55821.]
  4. PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 54999.7.]
  5. CHAPTER 2.5. The Mello-Roos Community Facilities Act of 1982 [53311. - 53368.3.]
  6. ARTICLE 5. Bonds [53345. - 53365.7.]

The legislative body may provide that bonds shall bear a variable interest rate, and for the manner and intervals in which the rate shall vary. The variable rate shall not exceed the maximum rate permitted by Section 53531 or any other applicable provision of law limiting the maximum interest rate on bonds.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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