Section 26445 Of Article 2. Revenue Bonds From California Government Code >> Division 2. >> Title 3. >> Part 2. >> Chapter 15. >> Article 2.
26445
. 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 the bonds have
been issued, and for a period of not to exceed two (2) years
thereafter as provided for in the indenture.