California § 12887.1 - A public agency may borrow money from and repay the same with interest to the sta
Full text of California Public Contract Code - PCC § 12887.1 — A public agency may borrow money from and repay the same with interest to the sta, with citation guidance and answers to common questions.
§ 12887.1. A public agency may borrow money from and repay the same with interest to the sta
A public agency may borrow money from and repay the same with interest to the state in accordance with this chapter on behalf of the entire public agency or of any portion or portions thereof for which the law applicable to the agency authorizes an indebtedness or liability to be incurred, including any improvement district, distribution district, or zone within the public agency, notwithstanding any debt limitation or other provision in the law applicable to such agency which might otherwise preclude or limit such borrowing.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 12887.1
What does Public Contract Code - PCC § 12887.1 cover?
Section 12887.1 ("A public agency may borrow money from and repay the same with interest to the sta") 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 § 12887.1?
A common citation format is "Public Contract Code - PCC § 12887.1" (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 § 12887.1 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.