California § 101420 - Of the total amount of bonds authorized to be issued and sold pursuant to Chapter
Full text of California Public Contract Code - PCC § 101420 — Of the total amount of bonds authorized to be issued and sold pursuant to Chapter, with citation guidance and answers to common questions.
§ 101420. Of the total amount of bonds authorized to be issued and sold pursuant to Chapter
(a) Of the total amount of bonds authorized to be issued and sold pursuant to Chapter 1 (commencing with Section 101400), bonds in the amount of eight billion five hundred million dollars ($8,500,000,000), not including the amount of any refunding bonds issued in accordance with Section 101430, may be issued and sold to provide a fund to be used for carrying out the purposes expressed in this chapter and to reimburse the General Obligation Bond Expense Revolving Fund pursuant to Section 16724.5 of the Government Code. (b) Pursuant to this section, the Treasurer shall sell the bonds authorized by the State School Building Finance Committee established pursuant to Section 15909 at any times necessary to service expenditures required by the apportionments.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 101420
What does Public Contract Code - PCC § 101420 cover?
Section 101420 ("Of the total amount of bonds authorized to be issued and sold pursuant to Chapter") 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 § 101420?
A common citation format is "Public Contract Code - PCC § 101420" (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 § 101420 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.