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. ) 43731.
If the earliest maturity of the refunding 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.
(Added by Stats. 1949, Ch. 79.)