California § 30638.2 - Notwithstanding Section 30638, all net income from fees, charges, rents, profits,
Full text of California Public Contract Code - PCC § 30638.2 — Notwithstanding Section 30638, all net income from fees, charges, rents, profits,, with citation guidance and answers to common questions.
§ 30638.2. Notwithstanding Section 30638, all net income from fees, charges, rents, profits,
Notwithstanding Section 30638, all net income from fees, charges, rents, profits, or other net income arising from joint development of the property of the district which was acquired exclusively for the rail rapid transit system shall be used only for the following purposes: (a) Pay the capital and operating expenses of the rail rapid transit system. (b) Provide for the payment of interest and principal of the bonded debt for the rail rapid transit system, subject to the applicable provisions of this part authorizing the issuance and retirement of bonds. (c) Provide for the payment of contracts, agreements, leases, equipment, and other legal liabilities assumed under Chapter 8 (commencing with Section 31000). As used in this section, âoperating expensesâ includes the expenses of operation, maintenance, and repair of all personal or real property physically or functionally related to rail rapid transit services or facilities.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 30638.2
What does Public Contract Code - PCC § 30638.2 cover?
Section 30638.2 ("Notwithstanding Section 30638, all net income from fees, charges, rents, profits,") 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 § 30638.2?
A common citation format is "Public Contract Code - PCC § 30638.2" (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 § 30638.2 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.