California § 53859.03 - The grant anticipation note or notes shall be issued pursuant to a resolution aut
Full text of California Public Contract Code - PCC § 53859.03 — The grant anticipation note or notes shall be issued pursuant to a resolution aut, with citation guidance and answers to common questions.
§ 53859.03. The grant anticipation note or notes shall be issued pursuant to a resolution aut
The grant anticipation note or notes shall be issued pursuant to a resolution authorizing the issuance thereof, adopted by the legislative body of the local agency, except that the note or notes of a school or community college district shall be issued in the name of the school or community college district by the board of supervisors of the county whose county superintendent of which has jurisdiction over the school or community college district, as soon as possible following receipt of a resolution of the governing board of the school or community college district requesting the borrowing. Grant anticipation notes authorized to be issued may be issued from time to time as provided in such resolution. The resolution shall set forth the form and the manner of execution of the grant anticipation note or notes.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 53859.03
What does Public Contract Code - PCC § 53859.03 cover?
Section 53859.03 ("The grant anticipation note or notes shall be issued pursuant to a resolution aut") 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 § 53859.03?
A common citation format is "Public Contract Code - PCC § 53859.03" (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 § 53859.03 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.