Section 43791 Of Article 4. Investment Bond Act Of 1909 From California Government Code >> Division 4. >> Title 4. >> Chapter 4. >> Article 4.
43791
. At least once each year, within sixty days prior to an
interest payment date, if the sinking fund contains sufficient
available money to call one or more of the outstanding bonds, the
legislative body shall invite sealed proposals for the sale to the
city of any bonds for payment of which the sinking fund was created.
The invitation shall be by a notice published once a week for two
weeks in a newspaper published in the city. The legislative body may
provide for additional publication in other newspapers.