California § 51365 - Proceeds derived from the issuance of bonds or securities and any interest or oth
Full text of California Public Contract Code - PCC § 51365 — Proceeds derived from the issuance of bonds or securities and any interest or oth, with citation guidance and answers to common questions.
§ 51365. Proceeds derived from the issuance of bonds or securities and any interest or oth
Proceeds derived from the issuance of bonds or securities and any interest or other increment derived from the investment thereof may be used for any of the purposes of the agency, including, but not limited to, creation of reserves, repayment of the loan from the state made pursuant to the act enacting this division, operating costs, other expenses, and subsidy programs.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 51365
What does Public Contract Code - PCC § 51365 cover?
Section 51365 ("Proceeds derived from the issuance of bonds or securities and any interest or oth") 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 § 51365?
A common citation format is "Public Contract Code - PCC § 51365" (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 § 51365 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.