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§ 43724 — California Law | CourtGPT
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  3. California/
  4. Gov Code/
  5. Title 4 - Government of Cities/
  6. Division 4 - Financial Provisions/
  7. Chapter 4 - Bonds/
  8. Article 3 - Refunding Indebtedness/
  9. § 43724
California Legal Code

§ 43724

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43724. 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.(Added by Stats. 1949, Ch. 79.)