California § 14028 - Not more than twenty-five million dollars (
Full text of California Public Contract Code - PCC § 14028 — Not more than twenty-five million dollars (, with citation guidance and answers to common questions.
§ 14028. Not more than twenty-five million dollars (
Not more than twenty-five million dollars ($25,000,000) of state loans for projects shall be authorized by the department in a single calendar quarter. No contract shall be approved by the department, unless the department finds that the supplier has the capacity to repay the loan amounts specified in the contract. At the request of the department, the Public Utilities Commission shall furnish comments concerning the ability of suppliers subject to its jurisdiction to finance the project from other sources and the ability to repay the loan.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 14028
What does Public Contract Code - PCC § 14028 cover?
Section 14028 ("Not more than twenty-five million dollars (") 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 § 14028?
A common citation format is "Public Contract Code - PCC § 14028" (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 § 14028 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.