Section 43820 Of Article 5. Prepayment From California Government Code >> Division 4. >> Title 4. >> Chapter 4. >> Article 5.
43820
. In its ordinance or resolution authorizing the issuance of
bonds, a city legislative body may provide that a certain portion of
such bonds, as determined and specified in the ordinance or
resolution, will be paid by the city each year prior to maturity, at
the option of the holders, pursuant to this article. Such advance
payment of bonds shall be in addition to the payment of bonds of the
same issue at maturity.