California § 16305 - The purpose of this legislation is hereby declared to be the establishment of a c

Full text of California Public Contract Code - PCC § 16305 — The purpose of this legislation is hereby declared to be the establishment of a c, with citation guidance and answers to common questions.

§ 16305. The purpose of this legislation is hereby declared to be the establishment of a c

The purpose of this legislation is hereby declared to be the establishment of a centralized State Treasury System under which state moneys will be adequately protected, and at the same time will be controlled and invested in such a way as to realize the maximum return consistent with safe and prudent treasury management. This legislation visualizes that the State Controller will be responsible for maintaining the segregated accounts of the moneys of state agencies which are deposited with the Treasurer in trust, and that the State Treasurer will not maintain records which in their detail duplicate the accounting records maintained by the Controller for these moneys.

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

Frequently Asked Questions About California § 16305

What does Public Contract Code - PCC § 16305 cover?

Section 16305 ("The purpose of this legislation is hereby declared to be the establishment of a c") 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 § 16305?

A common citation format is "Public Contract Code - PCC § 16305" (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 § 16305 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.