California § 40592 - The commission shall establish and collect rentals, which, with the proceeds of s
Full text of California Public Contract Code - PCC § 40592 — The commission shall establish and collect rentals, which, with the proceeds of s, with citation guidance and answers to common questions.
§ 40592. The commission shall establish and collect rentals, which, with the proceeds of s
The commission shall establish and collect rentals, which, with the proceeds of sales, will yield an amount sufficient: (a) To pay the costs of administration and operation of the authority; (b) To pay the costs of maintaining, operating and improving its properties; (c) To pay the interest on its contracts or bonds; (d) To provide a fund for the principal of its contracts and bonds as they come due.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 40592
What does Public Contract Code - PCC § 40592 cover?
Section 40592 ("The commission shall establish and collect rentals, which, with the proceeds of s") 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 § 40592?
A common citation format is "Public Contract Code - PCC § 40592" (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 § 40592 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.