Education Code - EDC
TITLE 1 GENERAL EDUCATION CODE PROVISIONS [1. - 32527]
( Title 1 enacted by Stats. 1976, Ch. 1010. ) DIVISION 1 GENERAL EDUCATION CODE PROVISIONS [1. - 32527]
( Division 1 enacted by Stats. 1976, Ch. 1010. ) PART 11. LIBRARIES [18010 - 20092]
( Part 11 enacted by Stats. 1976, Ch. 1010. ) CHAPTER 9. Library Districts and Museums in Unincorporated Towns and Villages [19600 - 19734]
( Heading of Chapter 9 amended by Stats. 1978, Ch. 988. ) ARTICLE 5. Bonds [19720 - 19734]
( Article 5 enacted by Stats. 1976, Ch. 1010. ) 19729.
The bonds shall not bear a greater amount of interest than 6 percent, to be payable annually or semiannually. The bonds shall be sold in the manner prescribed by the board of supervisors, but for not less than par, and the proceeds of the sale thereof shall be deposited in the county treasury to the credit of the building fund of the library district, and shall be drawn out for the purposes for which the bonds were issued as other library moneys are drawn out.
(Enacted by Stats. 1976, Ch. 1010.)