Section 35505.

Cal. Streets and Highways Code - SHC § 35505.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The bonds may be sold at any rate of interest not exceeding that stated in the resolution of intention. The maximum interest rate shall not exceed 7 percent a year.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

Starting a business in California? California LLC guide: costs and requirements