{"data":{"id":"us-ca/shc-33138","jurisdiction":"us-ca","citation":"SHC § 33138","heading":"","body":"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.\nThe 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.","path":["Streets and Highways Code - SHC","DIVISION 18. PARKING [31500. - 36745.]","PART 2. PARKING LAW OF 1949 [32500. - 33552.]","CHAPTER 5. Revenue Bonds [33100. - 33148.]"],"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":"7770f53168978a744422b846f6d08b8f27dcc69dc6c4c9b163c5e7b3ffd70204","source_id":"us-ca","stale":false,"prev":"us-ca/shc-33137","next":"us-ca/shc-33139"},"notice":"GroundRules: Original legal text. Not legal advice."}