California § 13462 - For the purpose of carrying out this chapter, the Director of Finance may, by exe

Full text of California Public Contract Code - PCC § 13462 — For the purpose of carrying out this chapter, the Director of Finance may, by exe, with citation guidance and answers to common questions.

§ 13462. For the purpose of carrying out this chapter, the Director of Finance may, by exe

For the purpose of carrying out this chapter, the Director of Finance may, by executive order, authorize the withdrawal from the General Fund of amounts not to exceed the amount of the unsold bonds which the committee has authorized to be sold for the purpose of carrying out this chapter. The amounts withdrawn shall be deposited in the fund and shall be disbursed by the department or the board in accordance with this chapter. Any money made available under this section to the department or the board shall be returned to the General Fund from money received from the sale of bonds. The withdrawals from the General Fund shall be returned to the General Fund with interest at the rate which would have otherwise been earned by those withdrawals in the Pooled Money Investment Fund.

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

Frequently Asked Questions About California § 13462

What does Public Contract Code - PCC § 13462 cover?

Section 13462 ("For the purpose of carrying out this chapter, the Director of Finance may, by exe") 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 § 13462?

A common citation format is "Public Contract Code - PCC § 13462" (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 § 13462 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.