California § 43775 - During the time the city owns any district bonds payable from taxes or assessment
Full text of California Public Contract Code - PCC § 43775 — During the time the city owns any district bonds payable from taxes or assessment, with citation guidance and answers to common questions.
§ 43775. During the time the city owns any district bonds payable from taxes or assessment
During the time the city owns any district bonds payable from taxes or assessments levied wholly or partially in accordance with the assessed value of the land within the district, the legislative body may omit any sum for the payment of principal and interest past due and unpaid because of delinquencies from the amount of the annual tax or assessment to be levied for the payment of principal and interest of such bonds. It may also limit or omit any sum for anticipated delinquencies. The legislative body may exercise its discretion as to such omission each year. The tax or assessment shall be levied pursuant to the statute under which the bonds acquired were issued, but the total amount of the annual levy may be limited as provided in this section.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 43775
What does Public Contract Code - PCC § 43775 cover?
Section 43775 ("During the time the city owns any district bonds payable from taxes or assessment") 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 § 43775?
A common citation format is "Public Contract Code - PCC § 43775" (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 § 43775 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.