{"data":{"id":"us-ca/puc-12860","jurisdiction":"us-ca","citation":"PUC § 12860","heading":"","body":"Bonds issued by a district, pursuant to Article 8 (commencing with Section 53540) of Chapter 3 of Part 1 of Division 2 of Title 5 of the Government Code, may bear interest at the rate or rates as may be fixed by the board of directors without regard to the limitations set forth in Section 53541 of the Government Code, and may be sold at a discount, as determined by the board of directors.","path":["Public Utilities Code - PUC","DIVISION 6. MUNICIPAL UTILITY DISTRICT ACT [11501. - 14403.5.]","CHAPTER 6. Powers and Functions of District [12701. - 13024.]","ARTICLE 6b. Bonds [12860. - 12860.]"],"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":"5b2b2dea65462fb37c394245a5a9038df15ea051656978900a0160d7dc0dc965","source_id":"us-ca","stale":false,"prev":"us-ca/puc-12857","next":"us-ca/puc-12871"},"notice":"GroundRules: Original legal text. Not legal advice."}