California § 65051 - The council shall establish an annual budget according to generally accepted acco
Full text of California Public Contract Code - PCC § 65051 — The council shall establish an annual budget according to generally accepted acco, with citation guidance and answers to common questions.
§ 65051. The council shall establish an annual budget according to generally accepted acco
(a) The council shall establish an annual budget according to generally accepted accounting practices. The council shall prepare annually summarized statements of the activities in which it has been engaged in the previous annual period, and of the activities in which it proposes to engage in the ensuing annual period. The annual budget and statements shall be made available to all eligible producers at their request and shall also be posted on the councilâs public Internet Web site. (b) Before the adoption of the annual budget, the council shall submit the proposed annual budget and its statement of contemplated activities to the secretary for the secretaryâs concurrence. (c) The annual budget and statement of contemplated activities shall be concurred in by the secretary before disbursement of funds, with the exception of expenditures made by the council pursuant to Section 65043.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 65051
What does Public Contract Code - PCC § 65051 cover?
Section 65051 ("The council shall establish an annual budget according to generally accepted acco") 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 § 65051?
A common citation format is "Public Contract Code - PCC § 65051" (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 § 65051 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.