California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 2. GOVERNMENT OF THE STATE OF CALIFORNIA |
Division 1. GENERAL |
Chapter 12.49. The Highway Safety, Traffic Reduction, Air Quality, and Port Security Bond Act of 2006 |
ARTICLE 3. Fiscal Provisions |
Section 8879.34.
Latest version.
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Notwithstanding any provisions in the State General Obligation Bond Law, the maximum maturity of any bonds authorized by this chapter shall not exceed 30 years from the date of each respective series. The maturity of each series shall be calculated from the date of each series.
(Added by Stats. 2006, Ch. 25, Sec. 1. Approved November 7, 2006, by adoption of Proposition 1B.)