Government Code section 43619


The legislative body shall fix, and designate in the bonds, a time and place for payment of the bonds. Except as provided in Section 43620 of the code, not less than one-fortieth of the principal amount of each issue or series of bonds with interest on all sums unpaid shall be paid every year.

Source: Section 43619, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=43619.­ (updated Jan. 1, 1951; accessed Jul. 7, 2025).

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Verified:
Jul. 7, 2025

§ 43619's source at ca​.gov