Section 18532.

Cal. Education Code - EDC § 18532.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The bonds shall not bear a rate of interest greater than 8 percent, payable annually or semiannually.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

Starting a business in California? California LLC guide: costs and requirements