California § 129135 - Notwithstanding any requirement contained in this chapter relating to acquisition
Full text of California Public Contract Code - PCC § 129135 — Notwithstanding any requirement contained in this chapter relating to acquisition, with citation guidance and answers to common questions.
§ 129135. Notwithstanding any requirement contained in this chapter relating to acquisition
Notwithstanding any requirement contained in this chapter relating to acquisition of title and possession of the project property by the lender and its subsequent conveyance and transfer to the department, and for the purpose of avoiding unnecessary conveyance expense in connection with payment of insurance benefits under the provisions of this chapter, the department may, subject to regulations that it may prescribe, permit the lender to tender to the department a satisfactory conveyance of title and transfer of possession direct from the borrower or other appropriate grantor and to pay to the lender the insurance benefits to which it would otherwise be entitled if the conveyance had been made to the lender and from the lender to the department.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 129135
What does Public Contract Code - PCC § 129135 cover?
Section 129135 ("Notwithstanding any requirement contained in this chapter relating to acquisition") 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 § 129135?
A common citation format is "Public Contract Code - PCC § 129135" (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 § 129135 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.