California § 25299.51.3 - The board shall conduct a study to determine the cost-effectiveness and the feasa

Full text of California Public Contract Code - PCC § 25299.51.3 — The board shall conduct a study to determine the cost-effectiveness and the feasa, with citation guidance and answers to common questions.

§ 25299.51.3. The board shall conduct a study to determine the cost-effectiveness and the feasa

(a) The board shall conduct a study to determine the cost-effectiveness and the feasability of issuing bonds to satisfy the obligations against the fund existing on the effective date of this section. The proceeds from the bonds would be used to expedite the payment of active claims and those claims on the priority list awaiting reimbursement. At a minimum, the study shall include participants from the board, the Department of Finance, the Treasurer’s office, the California Infrastructure and Economic Development Bank, and fund stakeholders, including claimant and industry representatives. (b) The board shall, on or before March 1, 2018, post a report of the study conducted pursuant to this section on the board’s Internet Web site.

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

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Frequently Asked Questions About California § 25299.51.3

What does Public Contract Code - PCC § 25299.51.3 cover?

Section 25299.51.3 ("The board shall conduct a study to determine the cost-effectiveness and the feasa") 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 § 25299.51.3?

A common citation format is "Public Contract Code - PCC § 25299.51.3" (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 § 25299.51.3 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.