Code Section

Government Code - GOV

TITLE 4. GOVERNMENT OF CITIES [34000 - 45345]

  ( Title 4 added by Stats. 1949, Ch. 79. )
  

DIVISION 4. FINANCIAL PROVISIONS [43000 - 43904]

  ( Division 4 added by Stats. 1949, Ch. 79. )
  

CHAPTER 4. Bonds [43600 - 43904]

  ( Chapter 4 added by Stats. 1949, Ch. 79. )
  

ARTICLE 3. Refunding Indebtedness [43720 - 43747]
  ( Article 3 added by Stats. 1949, Ch. 79. )

  
43724.  

The bonds shall be serial bonds, and not less than one-fortieth of the principal and interest on all sums unpaid shall be paid each year.

(Added by Stats. 1949, Ch. 79.)