California § 6599.08 - The authority shall be operated on an actuarially sound basis and become neither
Full text of California Public Contract Code - PCC § 6599.08 — The authority shall be operated on an actuarially sound basis and become neither, with citation guidance and answers to common questions.
§ 6599.08. The authority shall be operated on an actuarially sound basis and become neither
The authority shall be operated on an actuarially sound basis and become neither more nor less than self-supporting. For that purpose, loss experience and expense shall be ascertained and credits, refunds, and assessments may be made as determined appropriate by the board. The authority shall have the powers and duties set forth in this chapter and the powers and duties given it by its agreement. The original board may enter into the original joint powers agreement creating and governing the authority, which shall be made subject to subsequent modification and termination by the members of the authority.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 6599.08
What does Public Contract Code - PCC § 6599.08 cover?
Section 6599.08 ("The authority shall be operated on an actuarially sound basis and become neither") 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 § 6599.08?
A common citation format is "Public Contract Code - PCC § 6599.08" (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 § 6599.08 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.