Gov. Code, § 53531 · Article 7. Interest Rates on Bonds
Gov. Code, § 53531
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Any provision of law specifying the maximum interest rate on bonds to the contrary notwithstanding, bonds may bear interest at a coupon rate or rates as determined by the legislative body in its discretion but not to exceed 12 percent per year payable as permitted by law, unless some higher rate is permitted by law.
Notes and commentary — not statutory text
History
Amended (as amended by Stats. 1985, Ch. 579, Sec. 2) by Stats. 1987, Ch. 943, Sec. 4.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=53531.
- Text hash
- sha256 c66d8e86d0d98fac41f8e3c0bfed10de40f4ab2e62046f0240690c1a0bd6c763
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Cited by 37 provisions
Provisions in this library whose text cites Gov. Code, § 53531. Each shows the citation as that text prints it.
Code of Civil Procedure
Government Code
- Gov. Code, § 6553Printed as Section 53531
- Gov. Code, § 15854.1Printed as Section 16731 or 53531 of the Government Code
- Gov. Code, § 26400.52Printed as Section 53531
- Gov. Code, § 37618.3Printed as Section 53531
- Gov. Code, § 37618.4Printed as Section 53531
- Gov. Code, § 50665.13Printed as Section 53531
- Gov. Code, § 53190.5Printed as Section 53531
- Gov. Code, § 53360.7Printed as Section 53531
- Gov. Code, § 53508Printed as Section 53531 or 53532
- Gov. Code, § 53531.1Printed as Section 53531 | Sections 53530 and 53531
- Gov. Code, § 53532Printed as Section 53531
- Gov. Code, § 53533Printed as Section 53531
- Gov. Code, § 53827Printed as Section 53531
- Gov. Code, § 54382Printed as Section 53531
- Gov. Code, § 54402Printed as Section 53531 of the Government Code
- Gov. Code, § 55805Printed as Section 53531
- Gov. Code, § 62582Printed as Section 53531
- Gov. Code, § 64632Printed as Section 53531
- Gov. Code, § 64822Printed as Section 53531
- Gov. Code, § 91537.5Printed as Section 53531
Health and Safety Code
Public Resources Code
Public Utilities Code
- Pub. Util. Code, § 22557.5Printed as Section 53531 of the Government Code
- Pub. Util. Code, § 103360Printed as Section 53531 of the Government Code
- Pub. Util. Code, § 132311Printed as Section 53531 of the Government Code
- Pub. Util. Code, § 150211Printed as Section 53531 of the Government Code
- Pub. Util. Code, § 180303Printed as Section 53531 of the Government Code
Streets and Highways Code
- Sts. & Hy. Code, § 5628.1Printed as Section 53531 of the Government Code
- Sts. & Hy. Code, § 5629.1Printed as Section 53531 of the Government Code
- Sts. & Hy. Code, § 6463Printed as Section 53531 of the Government Code
- Sts. & Hy. Code, § 30796.10Printed as Section 53531 of the Government Code
- Sts. & Hy. Code, § 30961Printed as Section 53531 of the Government Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.