California § 67860 - The State of California does hereby pledge to and agree with the holders of any b
Full text of California Public Contract Code - PCC § 67860 — The State of California does hereby pledge to and agree with the holders of any b, with citation guidance and answers to common questions.
§ 67860. The State of California does hereby pledge to and agree with the holders of any b
The State of California does hereby pledge to and agree with the holders of any bonds issued, and with any public or private entity with which the board has entered into a contract or an agreement, pursuant to the provisions of this title, that the state will not alter or change the structure, organization, programs, or powers hereby vested in the board until those bonds are fully met or discharged and until the board has fully met or discharged its obligations pursuant to those agreements or contracts. However, nothing in this title shall preclude an alteration or change if, and when, adequate provision shall have been made by law for the protection from impairment of the contracts represented by those bonds or contracts or agreements, and the right to so alter or change is hereby reserved. The board is authorized to include this pledge and undertaking of the state in its bonds and contracts or agreements.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 67860
What does Public Contract Code - PCC § 67860 cover?
Section 67860 ("The State of California does hereby pledge to and agree with the holders of any b") 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 § 67860?
A common citation format is "Public Contract Code - PCC § 67860" (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 § 67860 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.