California § 13431 - Under no circumstances shall the amount paid out as a result of bond guarantees e
Full text of California Public Contract Code - PCC § 13431 — Under no circumstances shall the amount paid out as a result of bond guarantees e, with citation guidance and answers to common questions.
§ 13431. Under no circumstances shall the amount paid out as a result of bond guarantees e
Under no circumstances shall the amount paid out as a result of bond guarantees extended pursuant to this article exceed the amount in the Clean Water Bond Guarantee Fund. This article does not express or imply any commitment by the state board or any other agency of the state to pay any money or levy any charge or tax or otherwise exercise its faith and credit on behalf of any local agency or bondholder beyond the funds in the Clean Water Bond Guarantee Fund.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 13431
What does Public Contract Code - PCC § 13431 cover?
Section 13431 ("Under no circumstances shall the amount paid out as a result of bond guarantees e") 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 § 13431?
A common citation format is "Public Contract Code - PCC § 13431" (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 § 13431 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.