California § 16485 - It is the purpose of this article to authorize the establishment of procedures fo
Full text of California Public Contract Code - PCC § 16485 — It is the purpose of this article to authorize the establishment of procedures fo, with citation guidance and answers to common questions.
§ 16485. It is the purpose of this article to authorize the establishment of procedures fo
It is the purpose of this article to authorize the establishment of procedures for the transfer of bonds between funds in the State Treasury in the following cases: (a) When bonds held as investments by a fund in the State Treasury are to be sold by such fund to, and purchased for, another State Treasury fund; or (b) When, under any provision of law, a specific amount of cash is required to be paid from a fund in the State Treasury holding bond investments to another State Treasury fund, and it is in the interest of the State to transfer all or part of such amount in bonds, in lieu of cash, because the amount of cash required to be transferred is not needed for the immediate use of the fund to which such amount is required to be paid.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 16485
What does Public Contract Code - PCC § 16485 cover?
Section 16485 ("It is the purpose of this article to authorize the establishment of procedures fo") 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 § 16485?
A common citation format is "Public Contract Code - PCC § 16485" (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 § 16485 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.