California § 10306 - The Child Care and Development Facilities Loan Guaranty Fund, the Child Care and

Full text of California Public Contract Code - PCC § 10306 — The Child Care and Development Facilities Loan Guaranty Fund, the Child Care and, with citation guidance and answers to common questions.

§ 10306. The Child Care and Development Facilities Loan Guaranty Fund, the Child Care and

The Child Care and Development Facilities Loan Guaranty Fund, the Child Care and Development Facilities Direct Loan Fund, and the Child Care Loan Guaranty Fund Account in the Small Business Expansion Fund are abolished. All moneys remaining in the Child Care and Development Facilities Loan Guaranty Fund, the Child Care and Development Facilities Direct Loan Fund, and the Child Care Loan Guaranty Fund Account in the Small Business Expansion Fund shall revert to the General Fund. The Department of Housing and Community Development shall deposit all subsequent loan repayments to the Treasurer to the credit of the General Fund. The abolishment of the Child Care and Development Facilities Loan Guaranty Fund, the Child Care and Development Facilities Direct Loan Fund, and the Child Care Loan Guaranty Fund Account in the Small Business Expansion Fund does not terminate any of the following rights, obligations, or authorities, or any provision necessary to carry out those rights, obligations, or authorities: (a) The repayment of loans due and payable to the department or the relevant financial company. (b) The obligation of the state to pay claims arising from the default of outstanding loans that have been guaranteed. (c) Payment to lenders for default of any outstanding guaranteed loans secured by those moneys. (d) The resolution of any cost recovery action.

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

Frequently Asked Questions About California § 10306

What does Public Contract Code - PCC § 10306 cover?

Section 10306 ("The Child Care and Development Facilities Loan Guaranty Fund, the Child Care 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 § 10306?

A common citation format is "Public Contract Code - PCC § 10306" (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 § 10306 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.