California § 54774 - The definitions in this section shall govern the construction and interpretation
Full text of California Public Contract Code - PCC § 54774 — The definitions in this section shall govern the construction and interpretation, with citation guidance and answers to common questions.
§ 54774. The definitions in this section shall govern the construction and interpretation
The definitions in this section shall govern the construction and interpretation of this chapter: (a) âBond purchase agreementâ means a contractual agreement executed between the county and one or more investment bankers that underwrite the bonds. (b) âBondsâ means evidences of indebtedness, including, but not limited to, bonds, notes, commercial paper, floating rate and variable maturity securities, and certificates of participation. (c) âCountyâ means any county or city and county of this state which has adopted an alternative method of distribution of tax levies and collections of tax sale proceeds authorized pursuant to Sections 4701 to 4717, inclusive, of the Revenue and Taxation Code. (d) âIndentureâ means any indenture, trust agreement, or similar document entered into by the county and a trustee or other fiduciary with respect to the bonds. (e) âTax revenuesâ means all current or delinquent taxes (and, if a county has made an election under Section 4702.5 of the Revenue and Taxation Code, assessments), redemption amounts, and delinquent penalties for which the county has advanced funds pursuant to Sections 4701 to 4717, inclusive, of the Revenue and Taxation Code.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 54774
What does Public Contract Code - PCC § 54774 cover?
Section 54774 ("The definitions in this section shall govern the construction and interpretation") 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 § 54774?
A common citation format is "Public Contract Code - PCC § 54774" (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 § 54774 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.