California § 1787 - If the bank site owner is a public entity, that entity shall pay annually to the
Full text of California Public Contract Code - PCC § 1787 — If the bank site owner is a public entity, that entity shall pay annually to the, with citation guidance and answers to common questions.
§ 1787. If the bank site owner is a public entity, that entity shall pay annually to the
(a) If the bank site owner is a public entity, that entity shall pay annually to the county in which the property is located an amount equal to the county taxes levied on the property at the time title to the bank site is transferred to that entity. The public entity shall also pay the assessments levied upon the property by any irrigation, drainage, or reclamation district. (b) Payments under this section shall be made on or before December 10 of each year, except for newly acquired bank sites, for which payments shall be made pursuant to subdivision (c). (c) Payments for newly acquired bank sites shall be made within one year of the date title to the property was transferred to the state, prorated for the balance of the year from the date title was transferred to the 30th day of June following the date title was transferred, and, thereafter, payments shall be made on or before December 10 of each year.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1787
What does Public Contract Code - PCC § 1787 cover?
Section 1787 ("If the bank site owner is a public entity, that entity shall pay annually to the") 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 § 1787?
A common citation format is "Public Contract Code - PCC § 1787" (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 § 1787 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.