California · Public Resources Code - PRC
PRC §13129: If on the date fixed for redemption the district has provided funds available for payment of the principal and interest of the bonds called, interest on them ceases.
Read the full statutory text
If on the date fixed for redemption the district has provided funds available for payment of the principal and interest of the bonds called, interest on them ceases. None of the provisions of this chapter shall apply to any proceedings for the authorization, issue or sale of revenue bonds of a county service area.
Verify at the official source: California legislative text
Facing this? Know exactly what happens next.
MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.
This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.