{"code":"GOV","codeName":"Government Code","section":"43787","citation":"Gov. Code, § 43787","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 4. Investment Bond Act of 1909 [43760. - 43797.]","url":"https://blackletter.si/government-code/title-4/division-4/chapter-4/article-4"}],"history":"Added by Stats. 1949, Ch. 79.","effective":null,"html":"<p>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.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/government-code/investment-bond-act-of-1909-43787","source":"California Legislative Information bulk export (pubinfo)"}