California § 116761.86 - To the extent amounts in the fund are not required for current obligation or expe
Full text of California Public Contract Code - PCC § 116761.86 — To the extent amounts in the fund are not required for current obligation or expe, with citation guidance and answers to common questions.
§ 116761.86. To the extent amounts in the fund are not required for current obligation or expe
To the extent amounts in the fund are not required for current obligation or expenditure, those amounts shall be invested in interest bearing obligations, and the interest earned shall become part of the fund.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 116761.86
What does Public Contract Code - PCC § 116761.86 cover?
Section 116761.86 ("To the extent amounts in the fund are not required for current obligation or expe") 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 § 116761.86?
A common citation format is "Public Contract Code - PCC § 116761.86" (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 § 116761.86 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.