California Streets and Highways Code 33140 – The authority may provide that interest on bonds issued for the …
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The authority may provide that interest on bonds issued for the acquisition, construction, or completion of any project may be paid out of the proceeds of the sale of the bonds during the actual construction of the project and for a period of not to exceed two years after completion of actual construction, or for any other reasonably limited period.
(Amended by Stats. 1951, Ch. 1388.)
Terms Used In California Streets and Highways Code 33140
- bonds: means revenue bonds issued pursuant to this part. See California Streets and Highways Code 33100
- Construction: includes :
California Streets and Highways Code 29