California § 35902 - The treasurer shall establish for the district a general obligation bond fund and
Full text of California Public Contract Code - PCC § 35902 — The treasurer shall establish for the district a general obligation bond fund and, with citation guidance and answers to common questions.
§ 35902. The treasurer shall establish for the district a general obligation bond fund and
The treasurer shall establish for the district a general obligation bond fund and a general fund and shall apportion the district money to the funds as follows: (a) To the general obligation bond fund, that portion of the money received from the collection of assessments or from the sale of property for delinquent assessments which bears the same proportion to the total amount received from the collection of assessments or from the sale of property for delinquent assessments as that portion of the estimate of the board on which the assessment was based which is required for the payment of general obligation bonds and the interest thereon bears to the whole amount of the estimate. (b) To the general fund, the balance of all money received.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 35902
What does Public Contract Code - PCC § 35902 cover?
Section 35902 ("The treasurer shall establish for the district a general obligation bond fund and") 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 § 35902?
A common citation format is "Public Contract Code - PCC § 35902" (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 § 35902 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.