California Public Utilities Code

§ 29217

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

PUC § 29217Div. 10 · Part 2 · Ch. 8 · Art. 4

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 board 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. 1957, Ch. 1056.