California § 31142 - The authority shall determine the form, conditions, and denominations of all bond
Full text of California Public Contract Code - PCC § 31142 — The authority shall determine the form, conditions, and denominations of all bond, with citation guidance and answers to common questions.
§ 31142. The authority shall determine the form, conditions, and denominations of all bond
The authority shall determine the form, conditions, and denominations of all bonds, the dates which the bonds to be sold shall bear, and the interest rate thereon which shall not exceed 6 percent per annum. The rate of interest need not be uniform for all bonds of the same authorized issue. Principal and interest of the bonds shall be payable at such places as are fixed and determined by the authority. The bonds may contain provisions for registration as to principal only and as to both principal and interest. The bonds shall be issued in coupon form with interest payable at such times as are determined by the authority, and shall mature at such times and in such amounts as the authority prescribes.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 31142
What does Public Contract Code - PCC § 31142 cover?
Section 31142 ("The authority shall determine the form, conditions, and denominations of all bond") 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 § 31142?
A common citation format is "Public Contract Code - PCC § 31142" (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 § 31142 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.