California § 10089.50 - The Treasurer may from time to time enter into one or more credit facilities perm
Full text of California Public Contract Code - PCC § 10089.50 — The Treasurer may from time to time enter into one or more credit facilities perm, with citation guidance and answers to common questions.
§ 10089.50. The Treasurer may from time to time enter into one or more credit facilities perm
The Treasurer may from time to time enter into one or more credit facilities permitting the authority to draw an amount up to one billion dollars ($1,000,000,000) with payment, interest rate, indemnity, compensation, security, default, remedy, and other terms and conditions as determined by the authority. All drawings under these credit facilities shall be available as funding for the authority as provided in Section 10089.29.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 10089.50
What does Public Contract Code - PCC § 10089.50 cover?
Section 10089.50 ("The Treasurer may from time to time enter into one or more credit facilities perm") 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 § 10089.50?
A common citation format is "Public Contract Code - PCC § 10089.50" (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 § 10089.50 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.