California § 13998.10 - In order to carry out this chapter, there is hereby created in the State Treasury

Full text of California Public Contract Code - PCC § 13998.10 — In order to carry out this chapter, there is hereby created in the State Treasury, with citation guidance and answers to common questions.

§ 13998.10. In order to carry out this chapter, there is hereby created in the State Treasury

(a) In order to carry out this chapter, there is hereby created in the State Treasury the California Competitive Technology Fund. (b) The fund shall receive state funds appropriated to it, contributions from nonstate sources, reimbursements, federal funds, and interest that accrues to the moneys in the fund pursuant to subdivision (c). (c) The Treasurer shall invest moneys contained in the fund not needed to meet current obligations in the same manner as other public funds are invested. (d) Notwithstanding Section 13340, all moneys in the fund are continuously appropriated without regard to fiscal years to the agency for the purposes of this chapter, and for the purposes for which moneys were provided. Except for state funds appropriated to, or transferred into, the fund for local assistance, moneys in the fund, including all interest, may be spent for support.

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

Frequently Asked Questions About California § 13998.10

What does Public Contract Code - PCC § 13998.10 cover?

Section 13998.10 ("In order to carry out this chapter, there is hereby created in the State Treasury") 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 § 13998.10?

A common citation format is "Public Contract Code - PCC § 13998.10" (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 § 13998.10 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.