California § 52583 - The county treasurer shall use the proceeds of the supplemental assessment or of
Full text of California Public Contract Code - PCC § 52583 — The county treasurer shall use the proceeds of the supplemental assessment or of, with citation guidance and answers to common questions.
§ 52583. The county treasurer shall use the proceeds of the supplemental assessment or of
The county treasurer shall use the proceeds of the supplemental assessment or of the warrant delivered to him pursuant to Section 52559, as the case may be, for the following purposes: (a) The payment of any amount by which the total amount necessary to pay the principal and accrued interest on the bonds next maturing exceeds the proceeds from the sale of the refunding bonds, exclusive of accrued interest. (b) The payment to the purchaser of the refunding bonds at the time he takes delivery thereof, of interest at the rate provided in the refunding bonds from the date the sale is completed by the payment of the purchase price until the date when, pursuant to the terms of the refunding bonds and the coupons thereto attached, interest thereon shall begin to accrue.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 52583
What does Public Contract Code - PCC § 52583 cover?
Section 52583 ("The county treasurer shall use the proceeds of the supplemental assessment or of") 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 § 52583?
A common citation format is "Public Contract Code - PCC § 52583" (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 § 52583 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.