California § 101403 - Bonds in the total amount of ten billion dollars (
Full text of California Public Contract Code - PCC § 101403 — Bonds in the total amount of ten billion dollars (, with citation guidance and answers to common questions.
§ 101403. Bonds in the total amount of ten billion dollars (
Bonds in the total amount of ten billion dollars ($10,000,000,000), not including the amount of any refunding bonds issued in accordance with Sections 101430 and 101451, may be issued and sold for the purposes set forth in Sections 101420 and 101442. The bonds, when sold, issued, and delivered, shall be and constitute a valid and binding obligation of the State of California, and the full faith and credit of the State of California is hereby pledged for the punctual payment of the principal of, and interest on, the bonds as the principal and interest become due and payable.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 101403
What does Public Contract Code - PCC § 101403 cover?
Section 101403 ("Bonds in the total amount of ten billion dollars (") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 101403?
A common citation format is "Public Contract Code - PCC § 101403" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 101403 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.