Government Code section 43788

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.

Source: Section 43788, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=43788. (updated Jan. 1, 1949; accessed Sep. 1, 2025).

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Sep. 1, 2025

§ 43788's source at ca.gov

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Location: https://california.public.law/codes/government_code_section_43788

Original Source: Section 43788, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=43788. (last accessed May 12, 2025).