California § 1129 - The amount of each assessment shall bear interest at the adjusted annual rate and

Full text of California Public Contract Code - PCC § 1129 — The amount of each assessment shall bear interest at the adjusted annual rate and, with citation guidance and answers to common questions.

§ 1129. The amount of each assessment shall bear interest at the adjusted annual rate and

The amount of each assessment shall bear interest at the adjusted annual rate and by the method established pursuant to Section 19521 of the Revenue and Taxation Code from and after the last day of the month following the close of the calendar quarter, or from and after the 15th day of the month following the close of the calendar month, for which the contributions should have been returned until the date of payment.

Source: official California text · Last verified 2026-08-27

Frequently Asked Questions About California § 1129

What does Public Contract Code - PCC § 1129 cover?

Section 1129 ("The amount of each assessment shall bear interest at the adjusted annual rate and") 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 § 1129?

A common citation format is "Public Contract Code - PCC § 1129" (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 § 1129 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.