California § 74280 - The agreement of transfer required by Section 74107 shall provide for the allocat
Full text of California Public Contract Code - PCC § 74280 — The agreement of transfer required by Section 74107 shall provide for the allocat, with citation guidance and answers to common questions.
§ 74280. The agreement of transfer required by Section 74107 shall provide for the allocat
The agreement of transfer required by Section 74107 shall provide for the allocation of funds, property, and obligations affected by the transfer, except for bonded indebtedness. The following procedure may be used to determine such allocation: (a) The real property and personal property and fixtures normally situated thereat shall be the property of the district in which the real property is located. (b) All other property, funds, and obligations, except bonded indebtedness, shall be divided pro rata among the districts in which the territory of the former district is included. The basis for the division and allocation shall be the assessed valuation of the part of the former district which is included within each of the districts.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 74280
What does Public Contract Code - PCC § 74280 cover?
Section 74280 ("The agreement of transfer required by Section 74107 shall provide for the allocat") 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 § 74280?
A common citation format is "Public Contract Code - PCC § 74280" (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 § 74280 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.