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Section 37657 Of Article 8. Hospitals Managed By City Legislative Body From California Government Code >> Division 3. >> Title 4. >> Part 2. >> Chapter 5. >> Article 8.

37657
. In receiving a money donation, the city may agree to pay the donors interest not exceeding 7 percent a year upon the principal during the lifetime of the donors or the survivor. Such a payment shall not be made for more than 40 years. The principal of such a donation shall not be repaid.