California Statutes

§ 37657. — 37657. (Added by Stats. 1949, Ch. 79.)

California § 37657.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.3.
Title 4.DIVISION 3. OFFICERS
Part 2.PART 2. LEGISLATIVE BODY
Ch. 5.CHAPTER 5. City Property
Art. 8.ARTICLE 8. Hospitals Managed by City Legislative Body

This text of California § 37657. (37657. (Added by Stats. 1949, Ch. 79.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Government Code - GOV Code § 37657. (2026).

Text

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.

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Legislative History

Added by Stats. 1949, Ch. 79.
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California § 37657., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/37657..