US lawCaliforniaStatutesCode hscDivision 6Part 1Chapter 6Article 56694.2Cal. HSC § 6694.2Cal. HSC § 6694.2Last amended: 1975Year: 2025Length: 16 wordsOfficial source The rate of interest on refunding bonds shall not exceed 8 percent per annum payable semiannually.PreviousCal. HSC § 6694.1NextCal. HSC § 6694.3