California § 43788 - The sum to be raised each year and placed in the sinking fund for the payment of
Full text of California Public Contract Code - PCC § 43788 — The sum to be raised each year and placed in the sinking fund for the payment of, with citation guidance and answers to common questions.
§ 43788. The sum to be raised each year and placed in the sinking fund for the payment of
The sum to be raised each year and placed in the sinking fund for the payment of the principal shall not be less than an amount obtained by dividing the total principal amount of the bonds issued by the total number of years they are to run.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 43788
What does Public Contract Code - PCC § 43788 cover?
Section 43788 ("The sum to be raised each year and placed in the sinking fund for the payment of") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 43788?
A common citation format is "Public Contract Code - PCC § 43788" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 43788 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.