California § 63033 - The state does hereby pledge to, and agrees with, the holders of any bonds issued
Full text of California Public Contract Code - PCC § 63033 — The state does hereby pledge to, and agrees with, the holders of any bonds issued, with citation guidance and answers to common questions.
§ 63033. The state does hereby pledge to, and agrees with, the holders of any bonds issued
The state does hereby pledge to, and agrees with, the holders of any bonds issued under this division, and with those parties who may enter into contracts with the bank pursuant to this division, that the state will not limit or alter the rights hereby vested in the bank to finance any project and to fulfill the terms of any loan agreement, lease, or other contract with the agency pursuant to this division, or in any way impair the rights or remedies of the bondholders or of the parties until those bonds, together with interest thereon, are fully discharged or provision for this discharge has been made and those contracts are fully performed on the part of the bank. The bank, as agent for the state, may include this pledge and undertaking for the state in its obligations or contracts.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 63033
What does Public Contract Code - PCC § 63033 cover?
Section 63033 ("The state does hereby pledge to, and agrees with, the holders of any bonds issued") 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 § 63033?
A common citation format is "Public Contract Code - PCC § 63033" (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 § 63033 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.