Section 31472.

Cal. Government Code - GOV § 31472.
in effect
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“Regular interest” means interest at 2 1 2 percent a year until otherwise determined by the board compounded semiannually on June 30th and December 31st.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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