California Government Code 43455 – When any city provides any fund for the redemption, cancellation, or …
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When any city provides any fund for the redemption, cancellation, or retirement of any state bonds pursuant to this article, the city through its appropriate officers may transfer the money in the fund to the State Treasurer. Upon its receipt the State Treasurer shall place the money in the appropriate sinking fund and apply it to the redemption, cancellation, and retirement of such state bonds.
(Added by Stats. 1949, Ch. 79.)
Terms Used In California Government Code 43455
- City: includes "city and county" and "incorporated town" but does not include "unincorporated town" or "village. See California Government Code 20
- State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18