California § 63049.68 - The State of California pledges that (a) the state will not alter the directive t
Full text of California Public Contract Code - PCC § 63049.68 — The State of California pledges that (a) the state will not alter the directive t, with citation guidance and answers to common questions.
§ 63049.68. The State of California pledges that (a) the state will not alter the directive t
The State of California pledges that (a) the state will not alter the directive to the Controller to make apportionments to the bond trustee of moneys in the State School Fund and the Education Protection Account from that set forth in Section 41329.55 of the Education Code, and (b) the state will not amend or repeal subdivision (f) of Section 63049.67, in each case in any manner that would materially impair the security or other interests of holders of any bonds issued pursuant to this article. The bank is authorized to include this pledge in the bonds, or other documents entered into in connection with the bonds, as a covenant for the benefit of the bondholders.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 63049.68
What does Public Contract Code - PCC § 63049.68 cover?
Section 63049.68 ("The State of California pledges that (a) the state will not alter the directive t") 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 § 63049.68?
A common citation format is "Public Contract Code - PCC § 63049.68" (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 § 63049.68 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.