{"data":{"id":"us-ca/shc-25402","jurisdiction":"us-ca","citation":"SHC § 25402","heading":"","body":"The board of directors shall prescribe the denominations of the revenue bonds which shall mature serially in convenient amounts not necessarily equal. Revenue bonds shall bear such rate of interest not to exceed 8 percent per annum as may be determined by the board of directors.","path":["Streets and Highways Code - SHC","DIVISION 16. HIGHWAY DISTRICTS [25000. - 27567.]","PART 1. JOINT HIGHWAY DISTRICTS [25000. - 25521.]","CHAPTER 17. Revenue Bonds [25400. - 25410.]"],"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":"169db1313cc42b6219e104faf4faff09156861f3f8e8c8a6a1f8e13050a6dac9","source_id":"us-ca","stale":false,"prev":"us-ca/shc-25401","next":"us-ca/shc-25403"},"notice":"GroundRules: Original legal text. Not legal advice."}