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Current as of January 01, 2026 | Updated by Findlaw Staff
The board, by an order entered upon its minutes, shall prescribe all of the following:
(a) The form of the bonds.
(b) The time when the bonds become due, not exceeding 40 years from the date thereof.
(c) The rate of interest the bonds shall bear, not exceeding the maximum rate permitted by law.
Cite this article: FindLaw.com - California Code, Streets and Highways Code - SHC § 1185 - last updated January 01, 2026 | https://codes.findlaw.com/ca/streets-and-highways-code/shc-sect-1185/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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