{"data":{"id":"us-ca/shc-9407","jurisdiction":"us-ca","citation":"SHC § 9407","heading":"","body":"The rate of interest on refunding bonds shall not exceed the rate of interest on the outstanding bonds.","path":["Streets and Highways Code - SHC","DIVISION 11. REFUNDING OF BONDS ISSUED UNDER THE “IMPROVEMENT BOND ACT OF 1915” [9000. - 9481.]","CHAPTER 11. Issuance of Refunding Bonds [9400. - 9417.]"],"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":"9f1b3c2c0124d8461566956e5437aefb81477491b5435dae1de2c5b4ae660a48","source_id":"us-ca","stale":false,"prev":"us-ca/shc-9406","next":"us-ca/shc-9408"},"notice":"GroundRules: Original legal text. Not legal advice."}