California § 7052 - Except for accounts that are classified according to a specified contractual time
Full text of California Public Contract Code - PCC § 7052 — Except for accounts that are classified according to a specified contractual time, with citation guidance and answers to common questions.
§ 7052. Except for accounts that are classified according to a specified contractual time
Except for accounts that are classified according to a specified contractual time or notice period, interest shall be based on the withdrawal value of each savings account at the beginning of the accounting period, plus additions made during the period (less amounts previously withdrawn and noticed for withdrawal, which for interest purposes shall be deducted from the latest previous additions) computed at the rate for the time the funds have been invested, determined as provided in Section 7053.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 7052
What does Public Contract Code - PCC § 7052 cover?
Section 7052 ("Except for accounts that are classified according to a specified contractual time") 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 § 7052?
A common citation format is "Public Contract Code - PCC § 7052" (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 § 7052 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.