{"code":"GOV","codeName":"Government Code","section":"43731","citation":"Gov. Code, § 43731","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 4. GOVERNMENT OF CITIES [34000. - 45345.]","url":"https://blackletter.si/government-code/title-4"},{"name":"DIVISION 4. FINANCIAL PROVISIONS [43000. - 43904.]","url":"https://blackletter.si/government-code/title-4/division-4"},{"name":"CHAPTER 4. Bonds [43600. - 43904.]","url":"https://blackletter.si/government-code/title-4/division-4/chapter-4"},{"name":"ARTICLE 3. Refunding Indebtedness [43720. - 43747.]","url":"https://blackletter.si/government-code/title-4/division-4/chapter-4/article-3"}],"history":"Added by Stats. 1949, Ch. 79.","effective":null,"html":"<p>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.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/government-code/refunding-indebtedness-43731","source":"California Legislative Information bulk export (pubinfo)"}