California § 14555.9 - Notes issued under the provisions of this chapter may not be deemed to constitute
Full text of California Public Contract Code - PCC § 14555.9 — Notes issued under the provisions of this chapter may not be deemed to constitute, with citation guidance and answers to common questions.
§ 14555.9. Notes issued under the provisions of this chapter may not be deemed to constitute
Notes issued under the provisions of this chapter may not be deemed to constitute a debt or liability of the state or of any political subdivision thereof, or a pledge of the full faith and credit of the state or of any political subdivision thereof, but shall be payable solely from the funds and revenues pledged therefor. All the notes shall contain on their face a statement to the effect that the State of California shall not be obligated to pay the principal, or the interest on the notes, except from the revenues received by the Treasurer as shall be provided by the documents governing the revenue note issuance, and that neither the faith and credit nor the taxing power of the State of California or of any of its political subdivisions is pledged to the payment of the principal or interest on the notes. The issuance of notes under this part shall not directly or indirectly or contingently obligate the state or any of its political subdivisions to levy or to pledge any form of taxation whatever or to make any appropriation for their payment.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 14555.9
What does Public Contract Code - PCC § 14555.9 cover?
Section 14555.9 ("Notes issued under the provisions of this chapter may not be deemed to constitute") 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 § 14555.9?
A common citation format is "Public Contract Code - PCC § 14555.9" (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 § 14555.9 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.