California § 8031 - The proportion of operating costs and expenses to be assessed against each associ
Full text of California Public Contract Code - PCC § 8031 — The proportion of operating costs and expenses to be assessed against each associ, with citation guidance and answers to common questions.
§ 8031. The proportion of operating costs and expenses to be assessed against each associ
The proportion of operating costs and expenses to be assessed against each association shall be determined and prescribed by the commissioner by regulation. The total amount assessed for all associations, together with any existing surplus, shall not exceed the amount of the budget for the ensuing fiscal year plus a reasonable reserve for contingencies.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 8031
What does Public Contract Code - PCC § 8031 cover?
Section 8031 ("The proportion of operating costs and expenses to be assessed against each associ") 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 § 8031?
A common citation format is "Public Contract Code - PCC § 8031" (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 § 8031 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.