California § 24618 - Losses or gains resulting from overpayment or underpayment of contributions or ot

Full text of California Public Contract Code - PCC § 24618 — Losses or gains resulting from overpayment or underpayment of contributions or ot, with citation guidance and answers to common questions.

§ 24618. Losses or gains resulting from overpayment or underpayment of contributions or ot

Losses or gains resulting from overpayment or underpayment of contributions or other amounts under this part within the limits set by the Department of General Services for automatic writeoff, and losses or gains in greater amounts specifically approved for writeoffs by the Department of General Services, shall be debited or credited, as the case may be, to the appropriate reserve in the retirement fund.

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

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Frequently Asked Questions About California § 24618

What does Public Contract Code - PCC § 24618 cover?

Section 24618 ("Losses or gains resulting from overpayment or underpayment of contributions or ot") 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 § 24618?

A common citation format is "Public Contract Code - PCC § 24618" (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 § 24618 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.