California § 30963 - The State of California pledges and agrees with the holders of the bonds issued p

Full text of California Public Contract Code - PCC § 30963 — The State of California pledges and agrees with the holders of the bonds issued p, with citation guidance and answers to common questions.

§ 30963. The State of California pledges and agrees with the holders of the bonds issued p

(a) The State of California pledges and agrees with the holders of the bonds issued pursuant to this chapter, and with those parties who may enter into contracts with the authority pursuant to this chapter, that the state will not limit, alter, or restrict the rights hereby vested in the authority to finance the toll bridge improvements authorized by this chapter, Chapter 4 (commencing with Section 30910), or Chapter 4.5 (commencing with Section 31000). The State of California pledges and agrees not to impair the terms of any agreements made with the holders of bonds, and with the parties who may enter into contracts with the authority pursuant to this chapter, and pledges and agrees not to impair the rights or remedies of the holders of any revenue bonds or any parties until the bonds, together with interest, are fully paid and discharged and any contracts are fully performed on the part of the authority. (b) Nothing in this section shall be deemed to pledge the full faith and credit of the State of California. (c) The authority may include the pledges made pursuant to this section in its revenue bonds.

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

Frequently Asked Questions About California § 30963

What does Public Contract Code - PCC § 30963 cover?

Section 30963 ("The State of California pledges and agrees with the holders of the bonds issued p") 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 § 30963?

A common citation format is "Public Contract Code - PCC § 30963" (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 § 30963 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.