{"code":"PUC","codeName":"Public Utilities Code","section":"29217","citation":"Pub. Util. Code, § 29217","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]","url":"https://blackletter.si/public-utilities-code/division-10"},{"name":"PART 2. SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT [28500. - 29757.]","url":"https://blackletter.si/public-utilities-code/division-10/part-2"},{"name":"CHAPTER 8. Bonds and Other Evidences of Indebtedness [29150. - 29293.]","url":"https://blackletter.si/public-utilities-code/division-10/part-2/chapter-8"},{"name":"ARTICLE 4. Refunding Bonds [29210. - 29225.]","url":"https://blackletter.si/public-utilities-code/division-10/part-2/chapter-8/article-4"}],"history":"Added by Stats. 1957, Ch. 1056.","effective":null,"html":"<p>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.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/refunding-bonds-29217","source":"California Legislative Information bulk export (pubinfo)"}