California § 116761.50 - The board may enter into financing agreements with applicants for the purposes se
Full text of California Public Contract Code - PCC § 116761.50 — The board may enter into financing agreements with applicants for the purposes se, with citation guidance and answers to common questions.
§ 116761.50. The board may enter into financing agreements with applicants for the purposes se
(a) The board may enter into financing agreements with applicants for the purposes set forth in this chapter. (b) If the board provides construction financing, the financing recipient shall commit to operate and maintain, or ensure the operation and maintenance of, the water system for the term of the financing agreement or the useful life of the project, as determined by the board, unless otherwise authorized by the board. (c) This section shall become operative on January 1 of the next calendar year occurring after the board provides notice to the Legislature and the Secretary of State and posts notice on its Internet Web site that the board has adopted a policy handbook pursuant to Section 116760.43.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 116761.50
What does Public Contract Code - PCC § 116761.50 cover?
Section 116761.50 ("The board may enter into financing agreements with applicants for the purposes se") 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 § 116761.50?
A common citation format is "Public Contract Code - PCC § 116761.50" (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 § 116761.50 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.