California § 1042 - All accrued interest on money turned over to the administrator and retained by th
Full text of California Public Contract Code - PCC § 1042 — All accrued interest on money turned over to the administrator and retained by th, with citation guidance and answers to common questions.
§ 1042. All accrued interest on money turned over to the administrator and retained by th
All accrued interest on money turned over to the administrator and retained by them under this chapter shall be accounted for by the home and deposited to the credit of the Morale, Welfare, and Recreation Fund and used for the common benefit of members.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1042
What does Public Contract Code - PCC § 1042 cover?
Section 1042 ("All accrued interest on money turned over to the administrator and retained by th") 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 § 1042?
A common citation format is "Public Contract Code - PCC § 1042" (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 § 1042 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.