California § 414 - Notwithstanding any other provision of this code or of Section 53667 of the Gover
Full text of California Public Contract Code - PCC § 414 — Notwithstanding any other provision of this code or of Section 53667 of the Gover, with citation guidance and answers to common questions.
§ 414. Notwithstanding any other provision of this code or of Section 53667 of the Gover
Notwithstanding any other provision of this code or of Section 53667 of the Government Code, the commissioner may, at any time during a fiscal year, pay any expense of the department from any of the following accounts and funds: the State Banking Account, the Savings and Loan Account, the Industrial Bank Account, the Financial Institutions Fund, the Credit Union Fund, and the Local Agency Deposit Security Fund. However, if the commissioner pays an expense of the department from an account or fund from which the expense is not, except for this section, permitted to be paid, the commissioner shall, as of a date within that fiscal year, reimburse the account or fund from which the expense was paid by making a transfer from the account or fund from which the expense would have been permitted to be paid.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 414
What does Public Contract Code - PCC § 414 cover?
Section 414 ("Notwithstanding any other provision of this code or of Section 53667 of the Gover") 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 § 414?
A common citation format is "Public Contract Code - PCC § 414" (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 § 414 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.