California § 7450 - Every local agency in this state owning common stock and whose stock is by contra
Full text of California Public Contract Code - PCC § 7450 — Every local agency in this state owning common stock and whose stock is by contra, with citation guidance and answers to common questions.
§ 7450. Every local agency in this state owning common stock and whose stock is by contra
Every local agency in this state owning common stock and whose stock is by contract managed by a fiduciary shall request such fiduciary to forward any proxies for shares owned by the agency which are to be voted in a corporate election to the governing body of such local agency. âLocal agency,â for purposes of this section, includes every county, city, city and county, district, and authority, and each department, division, bureau, board, commission, agency, or instrumentality of any of the foregoing.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 7450
What does Public Contract Code - PCC § 7450 cover?
Section 7450 ("Every local agency in this state owning common stock and whose stock is by contra") 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 § 7450?
A common citation format is "Public Contract Code - PCC § 7450" (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 § 7450 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.