California § 3442 - Golden State Energy indebtedness shall not be deemed to constitute a debt or liab
Full text of California Public Contract Code - PCC § 3442 — Golden State Energy indebtedness shall not be deemed to constitute a debt or liab, with citation guidance and answers to common questions.
§ 3442. Golden State Energy indebtedness shall not be deemed to constitute a debt or liab
(a) Golden State Energy indebtedness shall not be deemed to constitute a debt or liability of the state or of any political subdivision thereof, or a pledge of the faith and credit of the state or of any political subdivision of the state. (b) Golden State Energy indebtedness shall be payable solely from the funds available to it. (c) The issuance of indebtedness shall not directly, indirectly, or contingently obligate the state or any other political subdivision of the state to levy or pledge any form of taxation or to make any appropriation for its repayment.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 3442
What does Public Contract Code - PCC § 3442 cover?
Section 3442 ("Golden State Energy indebtedness shall not be deemed to constitute a debt or liab") 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 § 3442?
A common citation format is "Public Contract Code - PCC § 3442" (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 § 3442 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.