Section 90038 Of Article 2. The State University Revenue Bond Act Of 1947 From California Education Code >> Division 8. >> Title 3. >> Part 55. >> Chapter 8. >> Article 2.
90038
. The board may provide for one or several issues of bonds and
may issue bonds in series or may divide any issue into one or more
divisions and fix different maturities or dates of those bonds,
different rates of interest, or prescribe different terms and
conditions for the bonds of the several series or divisions. It is
not necessary that all bonds of the same authorized issue be of the
same kind or character, have the same security, or be of the same
interest rate, but the terms thereof shall in each case be provided
for by the board, at or prior to the issue thereof.