California § 6464 - The legislative body conducting the proceedings may elect, in the resolution of i
Full text of California Public Contract Code - PCC § 6464 — The legislative body conducting the proceedings may elect, in the resolution of i, with citation guidance and answers to common questions.
§ 6464. The legislative body conducting the proceedings may elect, in the resolution of i
The legislative body conducting the proceedings may elect, in the resolution of intention, to have the redemption provisions of said bond provide a premium of 5 percent of the unmatured principal. In such case, the words, âtogether with a premium of 5 percent of said unmatured principalâ shall be added after the redemption clause in the bond form, and Section 6447 shall be deemed to require the property owner to pay a like sum in order to pay and discharge such lien. As used in this section, âunmatured principalâ means those installments of principal that are due to be paid at future dates and for which no corresponding payments of interest will be payable pursuant to the provision of Section 6447.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 6464
What does Public Contract Code - PCC § 6464 cover?
Section 6464 ("The legislative body conducting the proceedings may elect, in the resolution of i") 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 § 6464?
A common citation format is "Public Contract Code - PCC § 6464" (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 § 6464 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.