California § 51511 - Unpaid assessments on which bonds have been issued shall bear interest at the rat
Full text of California Public Contract Code - PCC § 51511 — Unpaid assessments on which bonds have been issued shall bear interest at the rat, with citation guidance and answers to common questions.
§ 51511. Unpaid assessments on which bonds have been issued shall bear interest at the rat
Unpaid assessments on which bonds have been issued shall bear interest at the rate of 1 1 2 percent per month from the date of the bonds originally issued thereon until the bonds and any refunding bonds issued thereon are fully paid, and the interest due at any time on the unpaid assessment may be called without calling any installment of the assessment. The word installment as used in this section shall be construed as applying to interest as well as the principal as the case may be.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 51511
What does Public Contract Code - PCC § 51511 cover?
Section 51511 ("Unpaid assessments on which bonds have been issued shall bear interest at the rat") 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 § 51511?
A common citation format is "Public Contract Code - PCC § 51511" (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 § 51511 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.