California § 50175 - This chapter is enacted in implementation of the Mortgage Subsidy Bond Tax Act of
Full text of California Public Contract Code - PCC § 50175 — This chapter is enacted in implementation of the Mortgage Subsidy Bond Tax Act of, with citation guidance and answers to common questions.
§ 50175. This chapter is enacted in implementation of the Mortgage Subsidy Bond Tax Act of
This chapter is enacted in implementation of the Mortgage Subsidy Bond Tax Act of 1980 (Title XI, Public Law 96-499) and Section 612 of the Tax Reform Act of 1984 (Public Law 98-369). Accordingly, the definitions contained in this article and the provisions of this chapter shall be construed to be consistent with the purposes and provisions of those federal acts and in its implementation. This chapter does not apply to any issuance of bonds which is excepted from, or otherwise not affected by, the federal acts. To the extent that any provision of this chapter is held to be inconsistent with or repugnant to the federal acts, the provision shall be given effect in accordance with its terms to the greatest extent possible and consistent with the federal acts, and the inconsistency shall have no effect on the remaining provisions of this chapter.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 50175
What does Public Contract Code - PCC § 50175 cover?
Section 50175 ("This chapter is enacted in implementation of the Mortgage Subsidy Bond Tax Act of") 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 § 50175?
A common citation format is "Public Contract Code - PCC § 50175" (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 § 50175 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.