{"data":{"id":"us-ca/wat-12894.7","jurisdiction":"us-ca","citation":"WAT § 12894.7","heading":"","body":"The department shall require the payment of interest on each loan that is made pursuant to Section 12894.3 at a rate equal to the weighted average of the interest rates paid by the state on bonds issued under the California Water Resources Development Bond Act (Chapter 8 (commencing with Section 12930) of this part), without regard to any premiums received on the sale of such bonds, as of the date of the loan.","path":["Water Code - WAT","DIVISION 6. CONSERVATION, DEVELOPMENT, AND UTILIZATION OF STATE WATER RESOURCES [10000. - 12999.]","PART 6. WATER DEVELOPMENT PROJECTS [12570. - 12949.5.]","CHAPTER 5.5. Local Agency Bond Payments [12894. - 12894.8.]"],"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":"7c3ccc7e54c29d6cfbd9b08b4926a9eaa01640b7394465577356a27de192d073","source_id":"us-ca","stale":false,"prev":"us-ca/wat-12894.6","next":"us-ca/wat-12894.8"},"notice":"GroundRules: Original legal text. Not legal advice."}