Government Code section 29975

If any bonds called are not presented for redemption on the date fixed, on the day following a sum sufficient for the payment of the principal the bonds and accrued interest to the date of redemption shall be placed in a special fund for that purpose, and interest on the bonds for which provision is made shall cease on the redemption date.

Source: Section 29975, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=29975.­ (updated Jan. 1, 1947; accessed Jul. 21, 2025).

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Verified:
Jul. 21, 2025

§ 29975's source at ca​.gov