California § 4764 - It may borrow money and incur indebtedness and guarantee the performance of its l
Full text of California Public Contract Code - PCC § 4764 — It may borrow money and incur indebtedness and guarantee the performance of its l, with citation guidance and answers to common questions.
§ 4764. It may borrow money and incur indebtedness and guarantee the performance of its l
It may borrow money and incur indebtedness and guarantee the performance of its legal or contractual obligations whether heretofore or hereafter incurred; and also refund or retire any public indebtedness or lien that may exist against the district or any property therein which shall have arisen out of the transaction of the affairs of the district. It shall not, however, incur any bonded indebtedness unless it submits the proposition for incurring the bonded indebtedness to the voters of the district, or if the bonded indebtedness is for an improvement district, to the voters of the improvement district, at a regular election or a special election called for that purpose and at least two-thirds of the votes cast at the election are in favor of incurring the bonded indebtedness as proposed.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 4764
What does Public Contract Code - PCC § 4764 cover?
Section 4764 ("It may borrow money and incur indebtedness and guarantee the performance of its l") 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 § 4764?
A common citation format is "Public Contract Code - PCC § 4764" (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 § 4764 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.