California § 3446 - While any indebtedness issued by or on behalf of Golden State Energy remains outs
Full text of California Public Contract Code - PCC § 3446 — While any indebtedness issued by or on behalf of Golden State Energy remains outs, with citation guidance and answers to common questions.
§ 3446. While any indebtedness issued by or on behalf of Golden State Energy remains outs
While any indebtedness issued by or on behalf of Golden State Energy remains outstanding, the State of California pledges to the holders of any such indebtedness that the state will not limit or alter the rights vested in Golden State Energy to fulfill the terms of any loan agreement, lease, or other contract with the holders of such indebtedness, or in any way impair the rights or remedies of those holders or of the parties to the related loan agreement, lease, or contract. Golden State Energy may include this pledge in any instrument under which that indebtedness is incurred or issued or other documents entered into in connection with that indebtedness as a covenant for the benefit of the holders thereof.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 3446
What does Public Contract Code - PCC § 3446 cover?
Section 3446 ("While any indebtedness issued by or on behalf of Golden State Energy remains outs") 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 § 3446?
A common citation format is "Public Contract Code - PCC § 3446" (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 § 3446 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.