{"data":{"id":"us-ca/hsc-4618","jurisdiction":"us-ca","citation":"HSC § 4618","heading":"","body":"The maximum rate of interest to be paid on the bonded indebtedness shall be 8 percent per annum, and shall be payable semiannually. The first interest payable on the bonds or any series of the bonds may, however, be for any period not exceeding one year, as determined by the governing body.","path":["Health and Safety Code - HSC","DIVISION 5. SANITATION [4600. - 6127.]","PART 3. COMMUNITY FACILITIES [4600. - 6127.]","CHAPTER 1. Community Facilities Law of 1911 [4600. - 4650.]","ARTICLE 3. Issuance of Bonds [4615. - 4625.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"1844e02963c3683464697005feb5e4dae7ef11d4541aaf635fc1ad0625015c01","source_id":"us-ca","stale":false,"prev":"us-ca/hsc-4617","next":"us-ca/hsc-4619"},"notice":"GroundRules: Original legal text. Not legal advice."}