California § 1000.2 - The following terms, wherever used or referred to in this chapter, shall have the
Full text of California Public Contract Code - PCC § 1000.2 — The following terms, wherever used or referred to in this chapter, shall have the, with citation guidance and answers to common questions.
§ 1000.2. The following terms, wherever used or referred to in this chapter, shall have the
The following terms, wherever used or referred to in this chapter, shall have the following meanings, respectively, unless a different meaning appears from the context: (a) âDepartmentâ means the Department of Veterans Affairs of the State of California, as the same is constituted by the provisions of Section 63 of this code, and any successor to that office. (b) âVeteransâ Debenture Finance Committeeâ means the committee constituted pursuant to the provisions of Section 1000.3 of this code. (c) âDebentureâ means any written evidence of any obligation issued by the department pursuant to this chapter for the financing of programs of the department, or for the refinancing of obligations issued by the department or by the state for those programs, payment of which is secured by a pledge of revenues, as provided in this chapter, irrespective of the form of the obligation. (d) âDebenture holderâ means any person who shall be the bearer of any outstanding debenture registered to bearer not registered, or the registered owner of any outstanding debenture which shall at the time be registered other than to bearer. (e) âVeteranâ shall have the meaning set forth in Section 980 of this code. (f) âPledged contractsâ means contracts of sale entered into by the department and veterans covering any property purchased or acquired by the department from the proceeds of debentures as may be provided in any resolution of issuance and to the extent therein provided. (g) âSurplus moneyâ means funds not required to meet any immediate demand which has accrued against the Veteransâ Farm and Home Building Fund of 1943 without regard to fiscal years. (h) âRevenuesâ means all income and receipts of the department from the pledged contracts, including, without limiting the generality of the foregoing, all payments received in account of the selling price, interest thereon, expenses and all other charges added to the selling price, insurance proceeds collected on account of loss, damage or injury to the property, life insurance or disability insurance proceeds received by the department, and all other receipts of whatsoever kind or nature arising out of or incident to the pledged contracts. The term ârevenuesâ also includes all interest or other income from any investment of any moneys in any fund established under a resolution of issuance for the payment of the principal of, or interest or premium on, debentures. (i) âResolution of issuanceâ means a resolution of the department, approved by the Veteransâ Debenture Finance Committee, pursuant to which debentures are issued, and any amendatory or supplemental resolutions. (j) âPersonâ means any individual, firm, corporation, association, partnership, limited liability company, trust, business trust, or receiver or trustee or conservator for any thereof, but does not include this state or any public corporation, political subdivision, city, county, district or agency of this state.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1000.2
What does Public Contract Code - PCC § 1000.2 cover?
Section 1000.2 ("The following terms, wherever used or referred to in this chapter, shall have the") 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 § 1000.2?
A common citation format is "Public Contract Code - PCC § 1000.2" (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 § 1000.2 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.