California § 129205 - Moneys in the fund not needed for the current operations of the department under
Full text of California Public Contract Code - PCC § 129205 — Moneys in the fund not needed for the current operations of the department under, with citation guidance and answers to common questions.
§ 129205. Moneys in the fund not needed for the current operations of the department under
Moneys in the fund not needed for the current operations of the department under this chapter shall be invested pursuant to law. The department may, with the approval of the State Treasurer, purchase the debentures issued under this chapter. Debentures so purchased shall be canceled and not reissued.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 129205
What does Public Contract Code - PCC § 129205 cover?
Section 129205 ("Moneys in the fund not needed for the current operations of the department under") 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 § 129205?
A common citation format is "Public Contract Code - PCC § 129205" (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 § 129205 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.