California Government Code ARTICLE 7 - Interest Rates on Bonds

• Section 53530.
  As used in this article:(a) “Local agency” means county, city, city and county, public district, public entity or authority, or other public or municipal corporation, including...
• Section 53531.
  Any provision of law specifying the maximum interest rate on bonds to the contrary notwithstanding, bonds may bear interest at a coupon rate or rates...
• Section 53531.1.
  (a) The Legislature hereby finds and declares that, in enacting and amending Sections 53530 and 53531, the intent has been, and continues to be, to provide...
• Section 53532.
  The provisions of Section 53531 shall apply only to coupon rates and shall not affect the power of a local agency to sell bonds at...
• Section 53533.
  Notwithstanding Section 53531 or any other provision of law establishing limitations on the rate of interest of any indebtedness or obligation of a city, county,...
• Section 53534.
  Any provision of law to the contrary notwithstanding, a city, county, or city and county may enter into contracts commonly known as “interest rate swap...

Last modified: October 22, 2018