Section 29182 Of Article 2. Form And Terms Of General Obligation Bonds From California Public Utilities Code >> Division 10. >> Part 2. >> Chapter 8. >> Article 2.

. 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.