California Government Code

§ 43731

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

GOV § 43731Div. 4 · Title 4 · Ch. 4 · Art. 3

Statute text

View on leginfo.ca.gov

If the earliest maturity of the refunding 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.