California § 53823 - In addition, a school district, county board of education, or community college d
Full text of California Public Contract Code - PCC § 53823 — In addition, a school district, county board of education, or community college d, with citation guidance and answers to common questions.
§ 53823. In addition, a school district, county board of education, or community college d
In addition, a school district, county board of education, or community college district may borrow money at any time between July 15th and August 30th of any fiscal year in an amount not to exceed 25 percent of the estimated income and revenue to be received during the current fiscal year by the district or county office of education from apportionments of the state, high school, or community college fund and of the State General Fund, based on the average daily attendance of pupils in the schools or colleges of the district or in schools operated by the county board of education for the preceding school year. The notes shall be repaid not later than December 31st in the fiscal year exclusively from the state apportionments.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 53823
What does Public Contract Code - PCC § 53823 cover?
Section 53823 ("In addition, a school district, county board of education, or community college d") 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 § 53823?
A common citation format is "Public Contract Code - PCC § 53823" (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 § 53823 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.