California § 3912 - The rate of interest to be borne by the bonds need not be uniform for all bonds o
Full text of California Public Contract Code - PCC § 3912 — The rate of interest to be borne by the bonds need not be uniform for all bonds o, with citation guidance and answers to common questions.
§ 3912. The rate of interest to be borne by the bonds need not be uniform for all bonds o
The rate of interest to be borne by the bonds need not be uniform for all bonds of the same issue, series or division and shall be the rate or rates fixed and determined by the committee in a resolution adopted prior to the sale of the bonds or as specified in the bid accepted by the State Treasurer if the bonds are sold on the basis of the bidder naming the interest rate or rates, in which event the State Treasurer shall fix such rate or rates in conformity with the bid of the successful bidder.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 3912
What does Public Contract Code - PCC § 3912 cover?
Section 3912 ("The rate of interest to be borne by the bonds need not be uniform for all bonds o") 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 § 3912?
A common citation format is "Public Contract Code - PCC § 3912" (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 § 3912 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.