California § 24769 - If the agreement or plan provides for a reduction in the rate of interest on the
Full text of California Public Contract Code - PCC § 24769 — If the agreement or plan provides for a reduction in the rate of interest on the, with citation guidance and answers to common questions.
§ 24769. If the agreement or plan provides for a reduction in the rate of interest on the
If the agreement or plan provides for a reduction in the rate of interest on the bonds or warrants before the original time or times of their maturity, new coupons shall be attached to the bonds or warrants to evidence the reduced interest. Any old coupons evidencing the interest originally provided shall be detached by the secretary from the bonds or warrants and canceled.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 24769
What does Public Contract Code - PCC § 24769 cover?
Section 24769 ("If the agreement or plan provides for a reduction in the rate of interest on the") 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 § 24769?
A common citation format is "Public Contract Code - PCC § 24769" (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 § 24769 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.