California § 5965.11 - For the purpose of carrying out this chapter, the Director of Finance may authori
Full text of California Public Contract Code - PCC § 5965.11 — For the purpose of carrying out this chapter, the Director of Finance may authori, with citation guidance and answers to common questions.
§ 5965.11. For the purpose of carrying out this chapter, the Director of Finance may authori
(a) For the purpose of carrying out this chapter, the Director of Finance may authorize the withdrawal from the General Fund of an amount or amounts not to exceed the amount of the unsold bonds that have been authorized by the committee to be sold for the purpose of carrying out this chapter, excluding refunding bonds authorized pursuant to Section 5965.14 less any amount loaned pursuant to Section 5965.12 and not yet repaid, and any amount withdrawn from the General Fund pursuant to this section and not yet returned to the General Fund. (b) Any amounts withdrawn shall be deposited in the fund. (c) Any moneys made available under this section shall be returned to the General Fund, with interest at the rate earned by the moneys in the Pooled Money Investment Account, from proceeds received from the sale of bonds for the purpose of carrying out this chapter.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 5965.11
What does Public Contract Code - PCC § 5965.11 cover?
Section 5965.11 ("For the purpose of carrying out this chapter, the Director of Finance may authori") 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 § 5965.11?
A common citation format is "Public Contract Code - PCC § 5965.11" (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 § 5965.11 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.