Health and Safety Code section 4990

The number of bonds to be paid each year need not be the same, and the governing body may fix maturities so that the number of bonds retired each year will, in the discretion of the governing body, be most equitable and just; however, all bonds shall be completely paid within forty years from date of issue.

Source: Section 4990, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=4990. (accessed Jun. 2, 2025).

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Last Updated

May 12, 2025

§ 4990’s source at ca.gov

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Location: https://california.public.law/codes/health_and_safety_code_section_4990

Original Source: Section 4990, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=4990. (last accessed May 12, 2025).