California § 53561 - It is hereby declared that it is a public purpose for a local agency to issue ref
Full text of California Public Contract Code - PCC § 53561 — It is hereby declared that it is a public purpose for a local agency to issue ref, with citation guidance and answers to common questions.
§ 53561. It is hereby declared that it is a public purpose for a local agency to issue ref
It is hereby declared that it is a public purpose for a local agency to issue refunding bonds for the purposes set forth in this article and to invest and reinvest the proceeds thereof, and any other funds legally available therefor, for the purposes set forth herein; provided, however, that it is the intent of this article, and this article shall be so construed, that in no single fiscal year shall a tax be levied or shall funds of a local agency other than those expressly permitted herein be used to pay the principal of and interest and redemption premium, if any, on both the refunding bonds and on the bonds to be refunded.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 53561
What does Public Contract Code - PCC § 53561 cover?
Section 53561 ("It is hereby declared that it is a public purpose for a local agency to issue ref") 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 § 53561?
A common citation format is "Public Contract Code - PCC § 53561" (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 § 53561 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.