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Code · California · Government Code

§ 37657

54 words·~1 min read·/ca/government-code/37657

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In receiving a money donation, the city may agree to pay the donors interest not exceeding 7 percent a year upon the principal during the lifetime of the donors or the survivor. Such a payment shall not be made for more than 40 years. The principal of such a donation shall not be repaid.
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

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