California § 13432 - The state board may charge an annual fee not to exceed one-tenth of 1 percent of

Full text of California Public Contract Code - PCC § 13432 — The state board may charge an annual fee not to exceed one-tenth of 1 percent of, with citation guidance and answers to common questions.

§ 13432. The state board may charge an annual fee not to exceed one-tenth of 1 percent of

The state board may charge an annual fee not to exceed one-tenth of 1 percent of the principal amount of each bond issue that it guarantees for guarantee coverage. The state board may charge a lesser amount. The proceeds of any fee shall be paid into the Clean Water Bond Guarantee Fund.

Source: official California text · Last verified 2026-08-27

Frequently Asked Questions About California § 13432

What does Public Contract Code - PCC § 13432 cover?

Section 13432 ("The state board may charge an annual fee not to exceed one-tenth of 1 percent of") 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 § 13432?

A common citation format is "Public Contract Code - PCC § 13432" (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 § 13432 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.