Cal. Gov. Code § 43619

Current through the 2023 Legislative Session.

Section 43619 - Time and place for payment; percentage of issue paid yearly

The legislative body shall fix, and designate in the bonds, a time and place for payment of the bonds. Except as provided in Section 43620 of the code, not less than one-fortieth of the principal amount of each issue or series of bonds with interest on all sums unpaid shall be paid every year.

Ca. Gov. Code § 43619

Amended by Stats. 1951, Ch. 1403.