GroundRules
GOV § 37657
Where this section sits in the code
- Government Code - GOV
- TITLE 4. GOVERNMENT OF CITIES [34000. - 45345.]
- DIVISION 3. OFFICERS [36501. - 41805.]
- PART 2. LEGISLATIVE BODY [36801. - 40592.]
- CHAPTER 5. City Property [37350. - 37685.]
- ARTICLE 8. Hospitals Managed by City Legislative Body [37650. - 37660.]
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.
Collected 2026-09-14T05:56:33Z. Source file · JSON