GroundRules
PUC § 29217
Where this section sits in the code
- Public Utilities Code - PUC
- DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]
- PART 2. SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT [28500. - 29757.]
- CHAPTER 8. Bonds and Other Evidences of Indebtedness [29150. - 29293.]
- ARTICLE 4. Refunding Bonds [29210. - 29225.]
If the earliest maturity of the refunding bonds is more than one year after the date of issuance, the board shall levy and collect annually a tax sufficient to pay the interest as it falls due and to constitute a sinking fund for payment of the principal on or before maturity.
Collected 2026-09-14T05:56:33Z. Source file · JSON