Section 9.95 | Maximum or maximum average annual interest rate on public securities.
Effective:
October 30, 1989
Latest Legislation:
House Bill 230 - 118th General Assembly
Securities to which this section applies shall bear interest at not to exceed the maximum or maximum average annual interest rate per annum determined in or pursuant to the proceedings for the securities by the legislative authority, taxing authority, subdivision, governing body, officer, or other issuer, board, authority, commission, district, agency, body, or entity that is the issuer, or governing body or officer of the issuer, of those securities.
Available Versions of this Section
- October 30, 1989 – House Bill 230 - 118th General Assembly [ View October 30, 1989 Version ]