California § 44552.5 - As an alternative to leasing or selling a project to a participating party, the a
Full text of California Public Contract Code - PCC § 44552.5 — As an alternative to leasing or selling a project to a participating party, the a, with citation guidance and answers to common questions.
§ 44552.5. As an alternative to leasing or selling a project to a participating party, the a
(a) As an alternative to leasing or selling a project to a participating party, the authority may finance the acquisition, construction, or installation of a project by means of a loan to the participating party. The principal amount of the participating partyâs obligation as borrower shall be sufficient to provide funds for all the purposes specified in subdivisions (a), (b), and (c) of Section 44551 and may be paid in installments, together with interest on the unpaid balance, or otherwise as may be mutually agreed by the authority and the participating party and set forth in the loan agreement. Loans made pursuant to this section may be secured or unsecured in the discretion of the authority. (b) The authority may also purchase or acquire from a financial institution part or all of a loan made to a participating party for a project meeting the requirements of this division. (c) Section 44550 shall not apply to projects constructed with moneys loaned pursuant to this section.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 44552.5
What does Public Contract Code - PCC § 44552.5 cover?
Section 44552.5 ("As an alternative to leasing or selling a project to a participating party, the a") 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 § 44552.5?
A common citation format is "Public Contract Code - PCC § 44552.5" (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 § 44552.5 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.