California § 16334 - The interest on apportionments made under this article shall be established by th
Full text of California Public Contract Code - PCC § 16334 — The interest on apportionments made under this article shall be established by th, with citation guidance and answers to common questions.
§ 16334. The interest on apportionments made under this article shall be established by th
The interest on apportionments made under this article shall be established by the board, with the approval of the Director of General Services, as follows: (1) The interest rate applicable to apportionments made pursuant to Article 1 (commencing with Section 16000) and determined in accordance with Section 16065 shall be established as of June 30 of each year. (2) The applicable interest rate on June 30 shall apply to apportionments made under this article in the ensuing fiscal year, July 1 through June 30. (3) Interest on the apportionment shall be compounded annually through the 30th day of June of each year.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 16334
What does Public Contract Code - PCC § 16334 cover?
Section 16334 ("The interest on apportionments made under this article shall be established by 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 § 16334?
A common citation format is "Public Contract Code - PCC § 16334" (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 § 16334 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.