California § 50735 - The board shall fix and determine the conditions upon which any trustee shall rec
Full text of California Public Contract Code - PCC § 50735 — The board shall fix and determine the conditions upon which any trustee shall rec, with citation guidance and answers to common questions.
§ 50735. The board shall fix and determine the conditions upon which any trustee shall rec
The board shall fix and determine the conditions upon which any trustee shall receive, hold or disburse any or all revenues collected for or on account of the bondholders. The board shall prescribe the duties and powers of such trustee with respect to the payment of principal and interest on the bonds, the redemption of the bonds, the registration and discharge from registration of the bonds, and the management of any sinking fund or other funds provided as security for the bonds.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 50735
What does Public Contract Code - PCC § 50735 cover?
Section 50735 ("The board shall fix and determine the conditions upon which any trustee shall rec") 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 § 50735?
A common citation format is "Public Contract Code - PCC § 50735" (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 § 50735 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.