California § 40223 - The purchase price to be paid for the existing system, or any portion thereof to
Full text of California Public Contract Code - PCC § 40223 — The purchase price to be paid for the existing system, or any portion thereof to, with citation guidance and answers to common questions.
§ 40223. The purchase price to be paid for the existing system, or any portion thereof to
The purchase price to be paid for the existing system, or any portion thereof to be purchased, shall be the reproduction cost new, including going concern value, at the date upon which the district commences negotiations for the purchase of the existing system, or the portion of the existing system, less depreciation, including wear, tear, and obsolescence, if any.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 40223
What does Public Contract Code - PCC § 40223 cover?
Section 40223 ("The purchase price to be paid for the existing system, or any portion thereof to") 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 § 40223?
A common citation format is "Public Contract Code - PCC § 40223" (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 § 40223 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.