§ 29975
62 words·~1 min read·
/ca/government-code/29975A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.