California § 52077 - Subject to the limitations prescribed in this chapter, a city or county may purch
Full text of California Public Contract Code - PCC § 52077 — Subject to the limitations prescribed in this chapter, a city or county may purch, with citation guidance and answers to common questions.
§ 52077. Subject to the limitations prescribed in this chapter, a city or county may purch
Subject to the limitations prescribed in this chapter, a city or county may purchase, or undertake, directly or indirectly through lending institutions, commitments to purchase, construction loans and mortgage loans originated in accordance with a financing agreement with the city or county to finance the acquisition, construction, rehabilitation, refinancing, or development of multifamily rental housing and may make loans to lending institutions under terms and conditions which, in addition to other provisions determined by the city or county, shall require the lending institutions to use the net proceeds of the loans for the making, directly or indirectly, of construction loans or mortgage loans to finance the acquisition, construction, rehabilitation, refinancing, or development of multifamily rental housing.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 52077
What does Public Contract Code - PCC § 52077 cover?
Section 52077 ("Subject to the limitations prescribed in this chapter, a city or county may purch") 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 § 52077?
A common citation format is "Public Contract Code - PCC § 52077" (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 § 52077 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.