California § 81023 - Consistent with Division 26.7 (commencing with Section 79700), the sum of three m
Full text of California Public Contract Code - PCC § 81023 — Consistent with Division 26.7 (commencing with Section 79700), the sum of three m, with citation guidance and answers to common questions.
§ 81023. Consistent with Division 26.7 (commencing with Section 79700), the sum of three m
(a) Consistent with Division 26.7 (commencing with Section 79700), the sum of three million dollars ($3,000,000) of the proceeds of bonds authorized to be issued and available for the purposes of Section 79746 shall be transferred to the fund and used by the department, upon appropriation, for loans for water conservation and water use efficiency projects and programs to achieve urban water use targets developed pursuant to Section 10608.20. (b) The department may implement this section by providing to a local agency a zero-interest loan. (c) A local agency that receives a loan pursuant to this section shall exercise reasonable efforts to recover the costs of the loan. However, the department may waive up to 10 percent of the repayment amount for costs that could not be recovered by the local agency. (d) The department and a local agency that is an urban retail water supplier and that receives a loan pursuant to this section may enter into a mutually agreeable schedule for making loan repayments into the fund.
Frequently Asked Questions About California § 81023
What does Public Contract Code - PCC § 81023 cover?
Section 81023 ("Consistent with Division 26.7 (commencing with Section 79700), the sum of three m") 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 § 81023?
A common citation format is "Public Contract Code - PCC § 81023" (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 § 81023 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.