California § 63046 - No financing shall be made by the bank under this article unless the bank shall h
Full text of California Public Contract Code - PCC § 63046 — No financing shall be made by the bank under this article unless the bank shall h, with citation guidance and answers to common questions.
§ 63046. No financing shall be made by the bank under this article unless the bank shall h
No financing shall be made by the bank under this article unless the bank shall have first determined that the financing or assistance meets the following public interest criteria: (a) The financing, loan, grant, or other assistance is for a project or a use in the State of California. (b) Those seeking funds or other assistance are capable of meeting obligations incurred under relevant agreements. (c) In the case of loans or bonds, payments to be made under applicable financing documents are adequate to pay the current expenses of the bank in connection with the financing and to make payments on the bonds. (d) The proposed financing is appropriate for the specific project.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 63046
What does Public Contract Code - PCC § 63046 cover?
Section 63046 ("No financing shall be made by the bank under this article unless the bank shall h") 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 § 63046?
A common citation format is "Public Contract Code - PCC § 63046" (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 § 63046 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.