California § 12843 - Indebtedness which has been incurred for the construction and operation of a publ
Full text of California Public Contract Code - PCC § 12843 — Indebtedness which has been incurred for the construction and operation of a publ, with citation guidance and answers to common questions.
§ 12843. Indebtedness which has been incurred for the construction and operation of a publ
Indebtedness which has been incurred for the construction and operation of a public utility, where the revenue from the utility for three years or more next preceding has been sufficient to pay the interest and principal due on any bonds issued for its construction or acquisition, in addition to the cost of operation and maintenance, shall not be counted and included in ascertaining the limit of indebtedness, and any indebtedness incurred for the acquisition, construction or operation of a public utility within any special district shall be excluded in ascertaining the aggregate indebtedness specified in Section 12842.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 12843
What does Public Contract Code - PCC § 12843 cover?
Section 12843 ("Indebtedness which has been incurred for the construction and operation of a publ") 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 § 12843?
A common citation format is "Public Contract Code - PCC § 12843" (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 § 12843 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.