California Government Code

§ 43633

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

GOV § 43633Div. 4 · Title 4 · Ch. 4 · Art. 1

Statute text

View on leginfo.ca.gov

If the earliest maturity of the bonds is more than one year after the date of issuance, the legislative body shall levy and collect annually a tax sufficient to pay the interest as it falls due and to constitute a sinking fund for payment of the principal on or before maturity.

Legislative history

Added by Stats. 1949, Ch. 79.