California § 15826 - The State Treasurer shall act as trustee for the board and the holders of the cer

Full text of California Public Contract Code - PCC § 15826 — The State Treasurer shall act as trustee for the board and the holders of the cer, with citation guidance and answers to common questions.

§ 15826. The State Treasurer shall act as trustee for the board and the holders of the cer

The State Treasurer shall act as trustee for the board and the holders of the certificates issued under this part, and the board may authorize the trustee to act on behalf of the holders of the certificates, or any stated percentage thereof, and to exercise and prosecute on behalf of the holders of the certificates such rights and remedies as may be available to the holders. The board shall, by resolution, prescribe the duties and powers of such trustee with respect to the issuance, authentication, sale, and delivery of the certificates, and the payment of principal and interest thereof, the redemption of the certificates, and the management, exclusive of the investment or reinvestment thereof, of any sinking fund or other funds provided as security for the certificates.

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

Frequently Asked Questions About California § 15826

What does Public Contract Code - PCC § 15826 cover?

Section 15826 ("The State Treasurer shall act as trustee for the board and the holders of the cer") 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 § 15826?

A common citation format is "Public Contract Code - PCC § 15826" (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 § 15826 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.