California Legal Codes and Statutes

§ 43724

Added by Stats. 1949, Ch. 79.

The bonds shall be serial bonds, and not less than one-fortieth of the principal and interest on all sums unpaid shall be paid each year.

Cite this section

Cal. Gov. Code § 43724 (2026)
https://ca.codecond.com/codes/gov/title-4-government-of-cities/division-4-financial-provisions/chapter-4-bonds/article-3-refunding-indebtedness/section-43724

Other sections in Article 3 - Refunding Indebtedness

§ 43720§ 43721§ 43722§ 43723§ 43724§ 43725§ 43726§ 43727§ 43728§ 43729…§ 43737§ 43738§ 43740§ 43741§ 43742§ 43743§ 43744§ 43745§ 43746§ 43747

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.