California § 10427.2 - If, pursuant to Section 10427, the legislative body determines that any surplus r
Full text of California Public Contract Code - PCC § 10427.2 — If, pursuant to Section 10427, the legislative body determines that any surplus r, with citation guidance and answers to common questions.
§ 10427.2. If, pursuant to Section 10427, the legislative body determines that any surplus r
If, pursuant to Section 10427, the legislative body determines that any surplus remaining in the improvement fund shall be used as a credit upon the assessment or any supplemental assessment, the legislative body may also determine that such surplus shall be applied as a credit to the city or any local, state or national agency or authority which shall have made a contribution towards the costs and expenses of the improvement. A credit on account of any contribution shall be made in the proportion which such contribution bears to the total amount of the assessment or supplemental assessment prior to the deduction of all such contributions. All such credits shall be returned in cash to the city, local, state or national agency or authority making such contribution. The surplus remaining in the improvement fund after making credits on account of contributions shall then be applied as a credit in the manner provided in Section 10427.1.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 10427.2
What does Public Contract Code - PCC § 10427.2 cover?
Section 10427.2 ("If, pursuant to Section 10427, the legislative body determines that any surplus r") 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 § 10427.2?
A common citation format is "Public Contract Code - PCC § 10427.2" (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 § 10427.2 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.