California § 1063.77 - CIGA is authorized to enter into those contracts or agreements with those banks,
Full text of California Public Contract Code - PCC § 1063.77 — CIGA is authorized to enter into those contracts or agreements with those banks,, with citation guidance and answers to common questions.
§ 1063.77. CIGA is authorized to enter into those contracts or agreements with those banks,
CIGA is authorized to enter into those contracts or agreements with those banks, insurers, or other financial institutions or parties that it determines are necessary or desirable to improve the security and marketability of, or to manage interest rates or other risks associated with, the bonds issued pursuant to Article 8 (commencing with Section 63049.6) of Chapter 2 of Division 1 of Title 6.7 of the Government Code. Those contracts or agreements may contain an obligation to reimburse, with interest, any of those banks, insurers, or other financial institutions or parties for advances used to pay the purchase price of, or principal or interest on, the bonds or other obligations.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1063.77
What does Public Contract Code - PCC § 1063.77 cover?
Section 1063.77 ("CIGA is authorized to enter into those contracts or agreements with those banks,") 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 § 1063.77?
A common citation format is "Public Contract Code - PCC § 1063.77" (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 § 1063.77 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.