California § 40241 - The bonds shall be issued in such denominations as the board determines, except t
Full text of California Public Contract Code - PCC § 40241 — The bonds shall be issued in such denominations as the board determines, except t, with citation guidance and answers to common questions.
§ 40241. The bonds shall be issued in such denominations as the board determines, except t
The bonds shall be issued in such denominations as the board determines, except that no bonds shall be issued of a denomination less than one thousand dollars ($1,000) and shall be payable on the day and at the place or places fixed in the bond, and with interest at the rate specified therein, payable semiannually, except that interest for the first year after the date of the bonds may be made payable at the end of that year.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 40241
What does Public Contract Code - PCC § 40241 cover?
Section 40241 ("The bonds shall be issued in such denominations as the board determines, except t") 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 § 40241?
A common citation format is "Public Contract Code - PCC § 40241" (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 § 40241 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.