California § 5881 - All bonds issued under this part shall be payable substantially in the following
Full text of California Public Contract Code - PCC § 5881 — All bonds issued under this part shall be payable substantially in the following, with citation guidance and answers to common questions.
§ 5881. All bonds issued under this part shall be payable substantially in the following
All bonds issued under this part shall be payable substantially in the following manner: A part to be determined by the board of supervisors, which shall be not less than one-fortieth part of the whole indebtedness, shall be paid each year on a date, and at a place to be fixed by the board of supervisors, and designated in the bonds, together with interest on all sums unpaid at that date.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 5881
What does Public Contract Code - PCC § 5881 cover?
Section 5881 ("All bonds issued under this part shall be payable substantially in the following") 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 § 5881?
A common citation format is "Public Contract Code - PCC § 5881" (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 § 5881 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.