Public Utilities Code - PUC
DIVISION 10. TRANSIT DISTRICTS [24501 - 107025]
( Division 10 repealed and added by Stats. 1955, Ch. 1036. ) PART 2. SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT [28500 - 29757]
( Part 2 added by Stats. 1957, Ch. 1056. ) CHAPTER 8. Bonds and Other Evidences of Indebtedness [29150 - 29293]
( Chapter 8 added by Stats. 1957, Ch. 1056. ) ARTICLE 2. Form and Terms of General Obligation Bonds [29169 - 29184]
( Article 2 added by Stats. 1957, Ch. 1056. ) 29182.
The district may provide that interest on bonds may be paid out of the proceeds of the sale of the bonds during the actual construction of any project, for the acquisition, construction, or completion of which bonds have been issued, and for a period of not to exceed three years thereafter, as determined by the district.
(Added by Stats. 1957, Ch. 1056.)