California Government Code

§ 29975

GOV § 29975Div. 3 · Title 3 · Ch. 6 · Art. 3

Statute text

If any bonds called are not presented for redemption on the date fixed, on the day following a sum sufficient for the payment of the principal the bonds and accrued interest to the date of redemption shall be placed in a special fund for that purpose, and interest on the bonds for which provision is made shall cease on the redemption date.

Legislative history

Added by Stats. 1947, Ch. 424.