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California · Through 2026-09-13

PUC § 99325

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Where this section sits in the code
  1. Public Utilities Code - PUC
  2. DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]
  3. PART 11. PROVISIONS APPLICABLE TO ALL PUBLIC TRANSIT [99150. - 99582.]
  4. CHAPTER 4. Transportation Development [99200. - 99420.]
  5. ARTICLE 7. Limited Obligation Bonds [99320. - 99383.]

The bonds shall be sold as the transportation planning agency shall determine but for not less than a price which will produce a net interest cost that will not exceed an average of 7 percent a year as determined by standard tables of bond values.

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

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