California Government Code 5851 – Notwithstanding any other provision of law specifying that interest …
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Notwithstanding any other provision of law specifying that interest on bonds is payable semiannually, interest on bonds is payable at the times established in the resolution, indenture, agreement or other instrument providing for the issuance of the bonds.
(Added by Stats. 1988, Ch. 1055, Sec. 3.)
Terms Used In California Government Code 5851
- Bonds: means any bonds, notes, certificates of indebtedness or other evidences of indebtedness issued after January 1, 1989, by a public body which is authorized to issue bonds, notes, certificates of indebtedness or other evidence of indebtedness. See California Government Code 5850