California § 6573 - So long as any bonds or interest coupons thereof are outstanding and unpaid, the
Full text of California Public Contract Code - PCC § 6573 — So long as any bonds or interest coupons thereof are outstanding and unpaid, the, with citation guidance and answers to common questions.
§ 6573. So long as any bonds or interest coupons thereof are outstanding and unpaid, the
So long as any bonds or interest coupons thereof are outstanding and unpaid, the revenues and interest thereon shall not be used for any purpose not authorized by the indenture, unless the authority to make such use of revenues shall be authorized by the bondholders pursuant to the provisions of the indenture, and during such period the joint powers agreement shall be irrevocable and may not be amended or modified in any manner to the detriment of the bondholders. Any bond for the payment and discharge of which, upon maturity or upon redemption prior to maturity, provision has been made through the setting apart in a reserve fund or special trust account created pursuant to this article to insure the payment thereof, of moneys sufficient for that purpose or through the irrevocable segregation for that purpose in some sinking fund or other fund or trust account of moneys sufficient therefor, shall be deemed to be no longer outstanding and unpaid within the meaning of any provision of this article.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 6573
What does Public Contract Code - PCC § 6573 cover?
Section 6573 ("So long as any bonds or interest coupons thereof are outstanding and unpaid, the") 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 § 6573?
A common citation format is "Public Contract Code - PCC § 6573" (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 § 6573 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.