California Legal Codes and Statutes

§ 103359

Added by Stats. 1987, Ch. 1328, Sec. 5. Effective September 29, 1987.

The district may provide for the bonds to bear a variable interest rate, for the manner and intervals in which the rate shall vary, and for the dates on which the interest shall be payable. In connection with the issuance of bonds, the district may enter into any agreement for liquidity or credit enhancement that may be necessary or desirable, as determined by the district.

Cite this section

Cal. Pub. Util. Code § 103359 (2026)
https://ca.codecond.com/codes/puc/division-10-transit-districts/part-15-san-mateo-county-transit-district/chapter-5-powers-and-functions-of-district/article-10-retail-transaction-and-use-tax/section-103359

Other sections in Article 10 - Retail Transaction and Use Tax

§ 103350§ 103351§ 103352§ 103353§ 103354§ 103355§ 103356§ 103357§ 103358§ 103359§ 103360§ 103360.1§ 103360.2§ 103361§ 103362§ 103363

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