California § 19729 - The bonds shall not bear a greater amount of interest than 6 percent, to be payab

Full text of California Public Contract Code - PCC § 19729 — The bonds shall not bear a greater amount of interest than 6 percent, to be payab, with citation guidance and answers to common questions.

§ 19729. The bonds shall not bear a greater amount of interest than 6 percent, to be payab

The bonds shall not bear a greater amount of interest than 6 percent, to be payable annually or semiannually. The bonds shall be sold in the manner prescribed by the board of supervisors, but for not less than par, and the proceeds of the sale thereof shall be deposited in the county treasury to the credit of the building fund of the library district, and shall be drawn out for the purposes for which the bonds were issued as other library moneys are drawn out.

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

Frequently Asked Questions About California § 19729

What does Public Contract Code - PCC § 19729 cover?

Section 19729 ("The bonds shall not bear a greater amount of interest than 6 percent, to be payab") 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 § 19729?

A common citation format is "Public Contract Code - PCC § 19729" (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 § 19729 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.