BlackletterCalifornia law

Government Code § 43633

ARTICLE 1. General

Current as of September 28, 2026Gov. Code, § 43633Official source ↗

Added by Stats. 1949, Ch. 79.

If the earliest maturity of the 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.