California § 54130 - A loan provided for in Sections 54126 and 54129 shall not be made if it would pro
Full text of California Public Contract Code - PCC § 54130 — A loan provided for in Sections 54126 and 54129 shall not be made if it would pro, with citation guidance and answers to common questions.
§ 54130. A loan provided for in Sections 54126 and 54129 shall not be made if it would pro
A loan provided for in Sections 54126 and 54129 shall not be made if it would provide for an indebtedness or liability contrary to the provisions of Section 18 of Article XI of the Constitution unless, at an election called by the governing body of the local agency two-thirds of the qualified electors of the local agency voting thereat have authorized the governing body of the local agency to accept, expend, and repay the amount of the loan under this article. Such election shall be held in accordance with provisions of law for the incurring of bonded indebtedness by the local agency, as near as the same may be applicable. Except as may be prohibited by this section, a loan as provided for in Sections 54126 and 54129 may be made to a local agency and the local agency may accept such a loan, notwithstanding any other provision of law limiting or prohibiting the creation of any indebtedness on the part of the local agency.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 54130
What does Public Contract Code - PCC § 54130 cover?
Section 54130 ("A loan provided for in Sections 54126 and 54129 shall not be made if it would pro") 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 § 54130?
A common citation format is "Public Contract Code - PCC § 54130" (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 § 54130 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.