California § 22603 - Deficiencies or excesses occurring in the Old Age and Survivors

Full text of California Public Contract Code - PCC § 22603 — Deficiencies or excesses occurring in the Old Age and Survivors, with citation guidance and answers to common questions.

§ 22603. Deficiencies or excesses occurring in the Old Age and Survivors

Deficiencies or excesses occurring in the Old Age and Survivors’ Insurance Revolving Fund by reason of differences of a fraction of a cent in contributions or other amounts paid by a public agency under the provisions of this part shall be offset proportionately against the charges or assessments for administrative costs provided by Section 22551. Such offsets shall be applied annually by transfer between the said revolving fund and the appropriation available for the support of the board and upon request of the board the State Controller shall make such transfers.

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

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Frequently Asked Questions About California § 22603

What does Public Contract Code - PCC § 22603 cover?

Section 22603 ("Deficiencies or excesses occurring in the Old Age and Survivors") 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 § 22603?

A common citation format is "Public Contract Code - PCC § 22603" (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 § 22603 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.