GroundRules
SHC § 33138
Where this section sits in the code
- Streets and Highways Code - SHC
- DIVISION 18. PARKING [31500. - 36745.]
- PART 2. PARKING LAW OF 1949 [32500. - 33552.]
- CHAPTER 5. Revenue Bonds [33100. - 33148.]
The authority may sell bonds at a price below the par or face value, provided that the discount on any bonds so sold shall not exceed 8 percent of the par value thereof.
The interest rate on the bonds shall not exceed 8 percent, payable semiannually. The sale shall be conducted in compliance with Chapter 10 (commencing with Section 5800) of Division 6 of Title 1 of the Government Code.
Collected 2026-09-14T05:56:33Z. Source file · JSON