California § 51325 - The primary purpose of this chapter is to meet the multifamily rental housing nee
Full text of California Public Contract Code - PCC § 51325 — The primary purpose of this chapter is to meet the multifamily rental housing nee, with citation guidance and answers to common questions.
§ 51325. The primary purpose of this chapter is to meet the multifamily rental housing nee
The primary purpose of this chapter is to meet the multifamily rental housing needs of persons and families of low or moderate income. The exercise of the powers granted by this division shall be in all respects for the benefit of the people of this state and for their health and welfare. Therefore, any bonds issued by the agency, pursuant to this chapter, their transfer, and the income therefrom shall at all times be free from taxation by the state or any political subdivision or other instrumentality of the state, excepting inheritance and gift taxes.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 51325
What does Public Contract Code - PCC § 51325 cover?
Section 51325 ("The primary purpose of this chapter is to meet the multifamily rental housing nee") 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 § 51325?
A common citation format is "Public Contract Code - PCC § 51325" (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 § 51325 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.