California § 74572 - If the district is annexed to a cooperating district, all bonds of the annexed di
Full text of California Public Contract Code - PCC § 74572 — If the district is annexed to a cooperating district, all bonds of the annexed di, with citation guidance and answers to common questions.
§ 74572. If the district is annexed to a cooperating district, all bonds of the annexed di
If the district is annexed to a cooperating district, all bonds of the annexed district authorized for payment of its agreed share of the cost and expense of the construction and operation of works or the acquisition of property by the annexing cooperating district, shall be issued and shall be delivered to and received by the annexing district at not less than par value. Such bonds shall become the property of the annexing district and they may be collected at maturity or sold by the annexing district at not less than par value and the proceeds of sale applied to the purpose for which the bonds were issued.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 74572
What does Public Contract Code - PCC § 74572 cover?
Section 74572 ("If the district is annexed to a cooperating district, all bonds of the annexed di") 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 § 74572?
A common citation format is "Public Contract Code - PCC § 74572" (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 § 74572 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.