Thanks to all who responded to my original request. The maximum amount is 12% - see Government Code 53530 & 53531. (Thanks Bill!) A safe holiday to all! Teri Ferro, City of Murrieta -----Original Message----- From: City of Murrieta [SMTP:[EMAIL PROTECTED]] Sent: Wednesday, December 15, 1999 5:13 PM To: CSMFO (E-mail) Subject: Maximum Interest Rate Is anyone aware of a maximum interest rate that one public entity can charge to another public entity on a note? We're in the process of negotiating a land sale with the school district and it was brought to my attention that there might be a statutory limit. Thanks in advance for any leads. Teri Ferro, Finance Director City of Murrieta [EMAIL PROTECTED]
