California Government Code

§ 43787

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

GOV § 43787Div. 4 · Title 4 · Ch. 4 · Art. 4

Statute text

View on leginfo.ca.gov

If the bonds are made to mature at one time, the annual tax levy shall be sufficient to pay the interest on the bonds as it comes due and create a sinking fund for the payment of the principal on or before maturity.

Legislative history

Added by Stats. 1949, Ch. 79.