California § 53859.08 - A grant or loan anticipation note or notes shall not be issued pursuant to this a
Full text of California Public Contract Code - PCC § 53859.08 — A grant or loan anticipation note or notes shall not be issued pursuant to this a, with citation guidance and answers to common questions.
§ 53859.08. A grant or loan anticipation note or notes shall not be issued pursuant to this a
A grant or loan anticipation note or notes shall not be issued pursuant to this article in an amount at any time outstanding which shall exceed 95 percent of the grant or loan funds stated in writing by the granting or loaning authority as committed, appropriated and that shall be paid on a specified date or dates, or event or events, within a 36-month period from the dating of such notes.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 53859.08
What does Public Contract Code - PCC § 53859.08 cover?
Section 53859.08 ("A grant or loan anticipation note or notes shall not be issued pursuant to this a") 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 § 53859.08?
A common citation format is "Public Contract Code - PCC § 53859.08" (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 § 53859.08 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.