GroundRules
PUC § 40241
Where this section sits in the code
- Public Utilities Code - PUC
- DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]
- PART 4. ORANGE COUNTY TRANSIT DISTRICT [40000. - 40617.]
- CHAPTER 7. Bonds [40225. - 40266.]
- ARTICLE 2. Form and Content [40240. - 40243.]
The bonds shall be issued in such denominations as the board determines, except that no bonds shall be issued of a denomination less than one thousand dollars ($1,000) and shall be payable on the day and at the place or places fixed in the bond, and with interest at the rate specified therein, payable semiannually, except that interest for the first year after the date of the bonds may be made payable at the end of that year.
Collected 2026-09-14T05:56:33Z. Source file · JSON