California § 53508.3 - No bond shall be subject to mandatory tender for purchase or redemption prior to
Full text of California Public Contract Code - PCC § 53508.3 — No bond shall be subject to mandatory tender for purchase or redemption prior to, with citation guidance and answers to common questions.
§ 53508.3. No bond shall be subject to mandatory tender for purchase or redemption prior to
(a) No bond shall be subject to mandatory tender for purchase or redemption prior to its fixed maturity date unless it contains a recital to that effect. (b) Any bond protected by its terms or by the terms of this section from mandatory tender for purchase or redemption prior to its fixed maturity date or for a specified period of time after issuance, may specify terms upon which the issuer may sell or transfer its right to require the bond to be tendered for purchase or redemption prior to its fixed maturity date.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 53508.3
What does Public Contract Code - PCC § 53508.3 cover?
Section 53508.3 ("No bond shall be subject to mandatory tender for purchase or redemption prior to") 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 § 53508.3?
A common citation format is "Public Contract Code - PCC § 53508.3" (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 § 53508.3 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.