California § 53392.3 - The State of California does hereby pledge to and agree with the holders of any b
Full text of California Public Contract Code - PCC § 53392.3 — The State of California does hereby pledge to and agree with the holders of any b, with citation guidance and answers to common questions.
§ 53392.3. The State of California does hereby pledge to and agree with the holders of any b
The State of California does hereby pledge to and agree with the holders of any bonds issued pursuant to this chapter that the state will not change the structure, organization, or powers of any district until all obligations on those bonds are fully met or discharged. However, this section does not preclude a change in the structure, organization, or powers of any district if adequate provision is made by law for the protection of the contracts represented by those bonds from impairment, and that right to change the structure, organization, or powers of any district or the allocation of those tax revenues is hereby reserved to the State of California. Districts may include this pledge of the state in those bonds.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 53392.3
What does Public Contract Code - PCC § 53392.3 cover?
Section 53392.3 ("The State of California does hereby pledge to and agree with the holders of any b") 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 § 53392.3?
A common citation format is "Public Contract Code - PCC § 53392.3" (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 § 53392.3 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.