Section 33645.5 Of Article 5. Agency Bonds From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 6. >> Article 5.
33645.5
. Notwithstanding Section 33645 or any other provision of
law, the rate of interest on any indebtedness or obligation of an
agency which is payable to the federal government or any agency or
instrumentality thereof or on any such indebtedness or obligation
guaranteed by the federal government or any instrumentality thereof
may be at a rate higher than the limitation established in Section
33645, or any other law, if such rate is the rate established by the
federal government or any instrumentality thereof. Any such
indebtedness or obligation shall be in such form and denomination,
have such maturity, and be subject to such conditions as may be
prescribed by the federal government or agency or instrumentality
thereof.