Government Code section 43795


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 of such bonds and accrued interest to the date of redemption shall be placed in a special fund for that purpose, and interest on such bonds ceases on the redemption date.

Source: Section 43795, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=GOV§ionNum=43795.­ (updated Jan. 1, 1949; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 43795's source at ca​.gov