California § 5790.15 - After incurring a general obligation indebtedness, and annually thereafter until
Full text of California Public Contract Code - PCC § 5790.15 — After incurring a general obligation indebtedness, and annually thereafter until, with citation guidance and answers to common questions.
§ 5790.15. After incurring a general obligation indebtedness, and annually thereafter until
(a) After incurring a general obligation indebtedness, and annually thereafter until the indebtedness is paid or until there is a sum in the district treasury in a special bond service fund set apart for that purpose that is sufficient to meet all payments of principal and interest on that indebtedness as it becomes due, the board of directors shall adopt a resolution directing the county tax collector to levy a tax on behalf of the district. (b) The tax shall be in addition to all other taxes levied by and for the district and shall be collected in the same manner and at the same time as county taxes. A county may recover its costs as provided in Section 29142 of the Government Code. (c) The rate of the tax shall be fixed to result in proceeds that are sufficient to pay any principal and interest that will become due before the next proceeds of a tax to be levied will be available.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 5790.15
What does Public Contract Code - PCC § 5790.15 cover?
Section 5790.15 ("After incurring a general obligation indebtedness, and annually thereafter until") 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 § 5790.15?
A common citation format is "Public Contract Code - PCC § 5790.15" (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 § 5790.15 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.