California § 35411 - The bonds shall state in substance that: (a) The bond and interest are payable so
Full text of California Public Contract Code - PCC § 35411 — The bonds shall state in substance that: (a) The bond and interest are payable so, with citation guidance and answers to common questions.
§ 35411. The bonds shall state in substance that: (a) The bond and interest are payable so
The bonds shall state in substance that: (a) The bond and interest are payable solely from: (1) The gross or net, as the case may be, revenues from the operation of the parking place or places acquired and improved with the proceeds, if such is the case. (2) The net revenues, or a portion thereof, from parking meters on certain public ways within the district, if such is the case. (3) To the extent provided in this part, from a limited (stating the limits) ad valorem assessment to be levied upon taxable real property in the district, if such be the case. (b) Neither the city nor any of its officers is to be held otherwise liable for its principal or interest.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 35411
What does Public Contract Code - PCC § 35411 cover?
Section 35411 ("The bonds shall state in substance that: (a) The bond and interest are payable so") 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 § 35411?
A common citation format is "Public Contract Code - PCC § 35411" (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 § 35411 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.