Section 2960. Interest rates


Latest version.
  • Notwithstanding any other provisions of this
      chapter or the provisions of any other general, special  or  local  law,
      any  public  authority  may  agree  or  contract  to pay interest on its
      certificates, notes or bonds, including those now outstanding,  at  such
      rate  or  rates,  without limit, as may be necessary for an authority to
      sell such notes or bonds.