California § 16489 - Any procedure established under this article shall provide that the market value

Full text of California Public Contract Code - PCC § 16489 — Any procedure established under this article shall provide that the market value, with citation guidance and answers to common questions.

§ 16489. Any procedure established under this article shall provide that the market value

Any procedure established under this article shall provide that the market value of the bonds shall be regarded, for the purposes thereof, as the equivalent of cash in that amount, in any purchase, sale or transfer of bonds in lieu of cash thereunder.

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

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Frequently Asked Questions About California § 16489

What does Public Contract Code - PCC § 16489 cover?

Section 16489 ("Any procedure established under this article shall provide that the market value") 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 § 16489?

A common citation format is "Public Contract Code - PCC § 16489" (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 § 16489 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.