California § 44903 - Warrants payable at a future time or times may be issued in consideration of mone

Full text of California Public Contract Code - PCC § 44903 — Warrants payable at a future time or times may be issued in consideration of mone, with citation guidance and answers to common questions.

§ 44903. Warrants payable at a future time or times may be issued in consideration of mone

Warrants payable at a future time or times may be issued in consideration of money loaned to the district for the purchase of any of its outstanding bonds or the refinancing or retiring of any outstanding contract. The annual interest payable on these warrants shall be less than the annual interest on the bonds purchased or contract refinanced or retired with the proceeds of the warrants.

Source: official California text · Last verified 2026-08-27

Frequently Asked Questions About California § 44903

What does Public Contract Code - PCC § 44903 cover?

Section 44903 ("Warrants payable at a future time or times may be issued in consideration of mone") 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 § 44903?

A common citation format is "Public Contract Code - PCC § 44903" (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 § 44903 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.