California § 57502 - The territory of a consolidated district shall be liable for payment of principal
Full text of California Public Contract Code - PCC § 57502 — The territory of a consolidated district shall be liable for payment of principal, with citation guidance and answers to common questions.
§ 57502. The territory of a consolidated district shall be liable for payment of principal
The territory of a consolidated district shall be liable for payment of principal, interest, and any other amounts which become due on account of any outstanding or then authorized but thereafter issued bonds, including revenue bonds, or other contracts or obligations of all predecessor districts, and are subject to the levying or fixing and collection of any of the following which may be necessary to provide for payment: (a) Taxes or assessments. (b) Service charges, rentals, or rates. (c) Both taxes or assessments and service charges, rentals, or rates. However, only the territory within an improvement district shall be liable for any payment required on account of any bonds, including revenue bonds, or other contracts previously authorized or issued by, or on behalf of, the improvement district.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 57502
What does Public Contract Code - PCC § 57502 cover?
Section 57502 ("The territory of a consolidated district shall be liable for payment of principal") 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 § 57502?
A common citation format is "Public Contract Code - PCC § 57502" (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 § 57502 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.