California § 16435 - Proof of financial responsibility may be given by the deposit of seventy-five tho
Full text of California Public Contract Code - PCC § 16435 — Proof of financial responsibility may be given by the deposit of seventy-five tho, with citation guidance and answers to common questions.
§ 16435. Proof of financial responsibility may be given by the deposit of seventy-five tho
(a) Proof of financial responsibility may be given by the deposit of seventy-five thousand dollars ($75,000) as provided in Section 16054.2. The department shall not accept a deposit where any judgment theretofore obtained against that person as a result of damages arising from the operation of any motor vehicle shall not have been paid in full. (b) The deposit requirement in subdivision (a) shall be increased by fifty thousand dollars ($50,000) on January 1, 2035. (c) This section shall become operative on January 1, 2025.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 16435
What does Public Contract Code - PCC § 16435 cover?
Section 16435 ("Proof of financial responsibility may be given by the deposit of seventy-five tho") 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 § 16435?
A common citation format is "Public Contract Code - PCC § 16435" (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 § 16435 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.