California § 53822 - Money may be borrowed on notes, tax anticipation warrants, or other evidences of
Full text of California Public Contract Code - PCC § 53822 — Money may be borrowed on notes, tax anticipation warrants, or other evidences of, with citation guidance and answers to common questions.
§ 53822. Money may be borrowed on notes, tax anticipation warrants, or other evidences of
Money may be borrowed on notes, tax anticipation warrants, or other evidences of indebtedness on behalf of the local agency in an amount not to exceed 50 percent of: (a) The revenue from taxes for the current fiscal year or that portion of the taxes not collected at the time of borrowing, where the borrowing is by a county, city, or municipal or public corporation or district, other than a school district, county board of education, or community college district. (b) The estimated income and revenue for the current fiscal year or that portion not collected at the time of borrowing, where the borrowing is by a school district, county board of education, or community college district.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 53822
What does Public Contract Code - PCC § 53822 cover?
Section 53822 ("Money may be borrowed on notes, tax anticipation warrants, or other evidences 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 § 53822?
A common citation format is "Public Contract Code - PCC § 53822" (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 § 53822 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.