California § 51007 - Subject to any agreements with holders of particular bonds, all moneys available
Full text of California Public Contract Code - PCC § 51007 — Subject to any agreements with holders of particular bonds, all moneys available, with citation guidance and answers to common questions.
§ 51007. Subject to any agreements with holders of particular bonds, all moneys available
Subject to any agreements with holders of particular bonds, all moneys available for carrying out the purposes of this part and declared by the agency to be surplus moneys which are not required to service or retire bonds issued on behalf of the agency, pay administrative expenses of the agency, accumulate necessary operating or loss reserves, or repay loans to the agency from the General Fund shall be used by the agency, with respect to existing housing developments, to provide special interest reduction programs, financial assistance for housing developments or subsidies for occupants or owners thereof, or counseling programs, as authorized by this division.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 51007
What does Public Contract Code - PCC § 51007 cover?
Section 51007 ("Subject to any agreements with holders of particular bonds, all moneys available") 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 § 51007?
A common citation format is "Public Contract Code - PCC § 51007" (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 § 51007 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.