California § 54034 - All moneys derived from premiums and accrued interest on bonds sold pursuant to t
Full text of California Public Contract Code - PCC § 54034 — All moneys derived from premiums and accrued interest on bonds sold pursuant to t, with citation guidance and answers to common questions.
§ 54034. All moneys derived from premiums and accrued interest on bonds sold pursuant to t
All moneys derived from premiums and accrued interest on bonds sold pursuant to this part shall be transferred to the General Fund as a credit to expenditures for bond interest; provided, however, that amounts derived from premiums may be reserved and used to pay the costs of bond issuance prior to transfer to the General Fund.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 54034
What does Public Contract Code - PCC § 54034 cover?
Section 54034 ("All moneys derived from premiums and accrued interest on bonds sold pursuant to t") 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 § 54034?
A common citation format is "Public Contract Code - PCC § 54034" (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 § 54034 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.