California § 51402 - The amount of the supplemental assessment shall not exceed 10 percent of the prin
Full text of California Public Contract Code - PCC § 51402 — The amount of the supplemental assessment shall not exceed 10 percent of the prin, with citation guidance and answers to common questions.
§ 51402. The amount of the supplemental assessment shall not exceed 10 percent of the prin
The amount of the supplemental assessment shall not exceed 10 percent of the principal of the refunding bonds to be sold, plus the amount to be raised by the supplemental assessment to pay interest on the refunding bonds to the date of maturity of the bonds to be refunded.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 51402
What does Public Contract Code - PCC § 51402 cover?
Section 51402 ("The amount of the supplemental assessment shall not exceed 10 percent of the prin") 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 § 51402?
A common citation format is "Public Contract Code - PCC § 51402" (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 § 51402 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.