Government Code § 43788

ARTICLE 4. Investment Bond Act of 1909

Current as of September 28, 2026Gov. Code, § 43788Official source ↗

Added by Stats. 1949, Ch. 79.

The sum to be raised each year and placed in the sinking fund for the payment of the principal shall not be less than an amount obtained by dividing the total principal amount of the bonds issued by the total number of years they are to run.