California § 63067 - Moneys in the infrastructure bank fund received from the proceeds of bonds issued
Full text of California Public Contract Code - PCC § 63067 — Moneys in the infrastructure bank fund received from the proceeds of bonds issued, with citation guidance and answers to common questions.
§ 63067. Moneys in the infrastructure bank fund received from the proceeds of bonds issued
(a) Moneys in the infrastructure bank fund received from the proceeds of bonds issued pursuant to this division may not be transferred to any other fund except as necessary to pay the expenses of operating the program authorized by this division, nor shall the bank utilize any moneys under the direction and control of the agency, including, but not limited to, moneys in the California Housing Loan Insurance Fund and the Housing Finance Fund, other than moneys in the infrastructure bank fund to satisfy liabilities arising from projects authorized by this division. (b) The infrastructure bank fund, on behalf of the bank or a special purpose trust, may borrow or receive moneys from any federal, state, or local agency or private entity, in order to create reserves in the infrastructure bank fund as provided in this division and as authorized by resolution of the board.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 63067
What does Public Contract Code - PCC § 63067 cover?
Section 63067 ("Moneys in the infrastructure bank fund received from the proceeds of 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 § 63067?
A common citation format is "Public Contract Code - PCC § 63067" (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 § 63067 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.