California § 54665 - All notes issued pursuant to this article and any renewal thereof shall be payabl
Full text of California Public Contract Code - PCC § 54665 — All notes issued pursuant to this article and any renewal thereof shall be payabl, with citation guidance and answers to common questions.
§ 54665. All notes issued pursuant to this article and any renewal thereof shall be payabl
All notes issued pursuant to this article and any renewal thereof shall be payable at a fixed time, except that in the event that the sale of the bonds shall not have occurred prior to the maturity of the notes issued in anticipation of the sale, the treasurer shall, in order to meet the notes then maturing, issue renewal notes for such purpose. No renewal of a note shall be issued after the sale of bonds in anticipation of which the original note was issued. There shall be only one renewal of any note issued pursuant to this article, and such renewal note shall mature within a period not to exceed two years.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 54665
What does Public Contract Code - PCC § 54665 cover?
Section 54665 ("All notes issued pursuant to this article and any renewal thereof shall be payabl") 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 § 54665?
A common citation format is "Public Contract Code - PCC § 54665" (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 § 54665 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.