{"data":{"id":"us-ca/gov-43731","jurisdiction":"us-ca","citation":"GOV § 43731","heading":"","body":"If the earliest maturity of the refunding bonds is more than one year after the date of issuance, the legislative body 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.","path":["Government Code - GOV","TITLE 4. GOVERNMENT OF CITIES [34000. - 45345.]","DIVISION 4. FINANCIAL PROVISIONS [43000. - 43904.]","CHAPTER 4. Bonds [43600. - 43904.]","ARTICLE 3. Refunding Indebtedness [43720. - 43747.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"46b23a26461b54bfabcff7d132d63c3bea65b50fb6f2967c55ac8eed46f0726d","source_id":"us-ca","stale":false,"prev":"us-ca/gov-43730","next":"us-ca/gov-43732"},"notice":"GroundRules: Original legal text. Not legal advice."}