California § 22905 - The bond tax shall be sufficient to pay the interest on the bonds for the year an
Full text of California Public Contract Code - PCC § 22905 — The bond tax shall be sufficient to pay the interest on the bonds for the year an, with citation guidance and answers to common questions.
§ 22905. The bond tax shall be sufficient to pay the interest on the bonds for the year an
The bond tax shall be sufficient to pay the interest on the bonds for the year and the portion of the principal becoming due during the year. The bond tax shall also be sufficient to raise annually for the first half of the term of the bonds a sum sufficient to pay the interest for that period, and, during the balance of the term, sufficient to pay the annual interest and to pay annually a proportion of the principal equal to the amount produced by dividing the total amount of outstanding bonds by the number of years the bonds then have to run.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 22905
What does Public Contract Code - PCC § 22905 cover?
Section 22905 ("The bond tax shall be sufficient to pay the interest on the bonds for the year an") 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 § 22905?
A common citation format is "Public Contract Code - PCC § 22905" (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 § 22905 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.