Section 59648 Of Article 18. Bond Plans From California Government Code >> Division 1. >> Title 6. >> Chapter 5. >> Article 18.

. Bond Plan A bonds shall have annual coupons attached to them payable in annual order on January 2d of each year after the October 15th following the date of the bonds, until all are paid. Each coupon shall be for an equal annual proportion of the principal of the bonds to which it is attached.