California Legal Codes and Statutes

§ 8879.34

Added by Stats. 2006, Ch. 25, Sec. 1. Approved in Proposition 1B at the November 7, 2006, election.

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.

Cite this section

Cal. Gov. Code § 8879.34 (2026)
https://ca.codecond.com/codes/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

Other sections in Article 3 - Fiscal Provisions

§ 8879.3§ 8879.25§ 8879.26§ 8879.27§ 8879.28§ 8879.29§ 8879.30§ 8879.31§ 8879.32§ 8879.33§ 8879.34§ 8879.35§ 8879.36§ 8879.37

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