California § 23242 - The assessment required in any year to meet the payment due to the United States
Full text of California Public Contract Code - PCC § 23242 — The assessment required in any year to meet the payment due to the United States, with citation guidance and answers to common questions.
§ 23242. The assessment required in any year to meet the payment due to the United States
The assessment required in any year to meet the payment due to the United States for all purposes under the contract may be apportioned in accordance with the benefits. In the ascertainment of the benefits there shall be taken into account: (a) The provisions of the contract, the applicable Federal laws, and the notices and regulations issued in pursuance of those laws. (b) In addition, in case the contract is for the assumption by the district as principal or guarantor of indebtedness to the United States theretofore existing on account of district land, the provisions of existing contracts carrying the indebtedness and the amounts of the liens that may be released in pursuance of the contract.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 23242
What does Public Contract Code - PCC § 23242 cover?
Section 23242 ("The assessment required in any year to meet the payment due to the United States") 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 § 23242?
A common citation format is "Public Contract Code - PCC § 23242" (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 § 23242 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.