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DIVISION 5. SANITATION 4600-6127›PART 3. COMMUNITY FACILITIES 4600-6127›CHAPTER 5. Sewer Revenue Bonds 4950-5072›ARTICLE 4. Bonds 4985-4997

§ 4990

California Health and Safety Code · 2018-11 edition · updated 2026-10-04 · California

The number of bonds to be paid each year need not be the same, and the governing body may fix maturities so that the number of bonds retired each year will, in the discretion of the governing body, be most equitable and just; however, all bonds shall be completely paid within forty years from date of issue.

(Enacted by Stats. 1939, Ch. 60.)

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