§ 43619
54 words·~1 min read·
/ca/government-code/43619A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The legislative body shall fix, and designate in the bonds, a time and place for payment of the bonds. Except as provided in Section 43620 of the code, not less than one-fortieth of the principal amount of each issue or series of bonds with interest on all sums unpaid shall be paid every year.