California § 150103 - The authority shall expend only that amount of the funds generated pursuant to th

Full text of California Public Contract Code - PCC § 150103 — The authority shall expend only that amount of the funds generated pursuant to th, with citation guidance and answers to common questions.

§ 150103. The authority shall expend only that amount of the funds generated pursuant to th

The authority shall expend only that amount of the funds generated pursuant to this division for staff support, audit, administrative expenses, and contract services that are necessary and reasonable to carry out its responsibilities pursuant to this division. The authority shall not expend more than 5 percent of the funds generated pursuant to this division in any year for salaries and benefits of its staff.

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

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Frequently Asked Questions About California § 150103

What does Public Contract Code - PCC § 150103 cover?

Section 150103 ("The authority shall expend only that amount of the funds generated pursuant to th") 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 § 150103?

A common citation format is "Public Contract Code - PCC § 150103" (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 § 150103 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.