California Harbors and Navigation Code Section 3911
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California Laws > Harbors and Navigation Code > California Harbors and Navigation Code Section 3911
3911. In determining the dates of maturity of the bonds, and the
amount thereof to mature at each date of maturity, the committee
shall be guided, so far as it may deem to be practicable, by the
amounts of the revenue estimated to accrue to the Harbor Bond Sinking
Fund. The committee shall fix and determine the dates and amounts of
such maturities in such manner that, together with the dates and
amounts of interest payments on the bonds, they shall coincide, as
nearly as it may deem to be practicable, with the dates and amounts
of such estimated revenue.
Section: 3911
Last modified: February 22, 2013
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