Public Utilities Code - PUC
DIVISION 10. TRANSIT DISTRICTS [24501 - 107025]
( Division 10 repealed and added by Stats. 1955, Ch. 1036. ) PART 15. SAN MATEO COUNTY TRANSIT DISTRICT [103000 - 103700]
( Part 15 added by Stats. 1974, Ch. 502. ) CHAPTER 5. Powers and Functions of District [103200 - 103399.1]
( Chapter 5 added by Stats. 1974, Ch. 502. ) ARTICLE 10. Retail Transaction and Use Tax [103350 - 103363]
( Article 10 added by Stats. 1974, Ch. 502. ) 103359.
The district may provide for the bonds to bear a variable interest rate, for the manner and intervals in which the rate shall vary, and for the dates on which the interest shall be payable. In connection with the issuance of bonds, the district may enter into any agreement for liquidity or credit enhancement that may be necessary or desirable, as determined by the district.
(Added by Stats. 1987, Ch. 1328, Sec. 5. Effective September 29, 1987.)