California § 41052 - Whenever the assessed valuation of a school district is reduced as a result of th
Full text of California Public Contract Code - PCC § 41052 — Whenever the assessed valuation of a school district is reduced as a result of th, with citation guidance and answers to common questions.
§ 41052. Whenever the assessed valuation of a school district is reduced as a result of th
Whenever the assessed valuation of a school district is reduced as a result of the operation of Section 992 of the Revenue and Taxation Code, the school district shall receive replacement revenue from the state for the loss of revenue to the district. A school district shall be eligible for replacement revenue when the assessed valuation exempted as the result of the operation of Section 992 of the Revenue and Taxation Code is 30 percent or more of the districtâs assessed valuation in the 1970â1971 fiscal year. A school district shall be ineligible for replacement revenue when its assessed valuation has increased 250 percent or more over the 1970â1971 fiscal year assessed valuation.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 41052
What does Public Contract Code - PCC § 41052 cover?
Section 41052 ("Whenever the assessed valuation of a school district is reduced as a result of th") 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 § 41052?
A common citation format is "Public Contract Code - PCC § 41052" (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 § 41052 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.