California § 50601 - The Preservation Opportunity Fund is hereby created in the State Treasury. Notwit
Full text of California Public Contract Code - PCC § 50601 — The Preservation Opportunity Fund is hereby created in the State Treasury. Notwit, with citation guidance and answers to common questions.
§ 50601. The Preservation Opportunity Fund is hereby created in the State Treasury. Notwit
(a) The Preservation Opportunity Fund is hereby created in the State Treasury. Notwithstanding Section 13340 of the Government Code, all money in the fund is continuously appropriated to the department without regard to fiscal years for the purposes of this chapter and for costs incurred in administering the program. The combined administrative expenses of the department and the agency shall not exceed 5 percent of the funds deposited in the fund for the purposes of this chapter. (b) The following shall be paid into the fund: (1) Any money appropriated and made available by the Legislature for purposes of the fund. (2) Any money that the department or the agency receives in repayment of loans from the fund, including interest therefrom, except as provided in subdivision (f) of Section 50603. (3) Any other money that may be made available to the department for the purposes of this chapter from any other source.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 50601
What does Public Contract Code - PCC § 50601 cover?
Section 50601 ("The Preservation Opportunity Fund is hereby created in the State Treasury. Notwit") 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 § 50601?
A common citation format is "Public Contract Code - PCC § 50601" (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 § 50601 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.