California § 5059 - Obligations issued by public entities under the laws of this state, which are in
Full text of California Public Contract Code - PCC § 5059 — Obligations issued by public entities under the laws of this state, which are in, with citation guidance and answers to common questions.
§ 5059. Obligations issued by public entities under the laws of this state, which are in
Obligations issued by public entities under the laws of this state, which are in registered form, whether or not represented by an instrument, and which, except for their form, satisfy the requirements with regard to security for deposits of moneys of public agencies prescribed pursuant to any law of this state, shall be deemed to satisfy all such requirements, even though they are in registered form, if a security interest in such obligations is perfected on behalf of the public agencies whose moneys are so deposited.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 5059
What does Public Contract Code - PCC § 5059 cover?
Section 5059 ("Obligations issued by public entities under the laws of this state, which are in") 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 § 5059?
A common citation format is "Public Contract Code - PCC § 5059" (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 § 5059 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.