California § 845 - Any successor to the electrical corporation, whether pursuant to any bankruptcy,
Full text of California Public Contract Code - PCC § 845 — Any successor to the electrical corporation, whether pursuant to any bankruptcy,, with citation guidance and answers to common questions.
§ 845. Any successor to the electrical corporation, whether pursuant to any bankruptcy,
Any successor to the electrical corporation, whether pursuant to any bankruptcy, reorganization, or other insolvency proceeding, or pursuant to any merger, sale, or transfer, by operation of law, or otherwise, shall perform and satisfy all obligations of the electrical corporation pursuant to this article in the same manner and to the same extent as the electrical corporation, including, but not limited to, collecting and paying to the holders of rate reduction bonds or their representatives or the applicable financing entity revenues arising with respect to the transition property sold to the applicable financing entity or pledged to secure rate reduction bonds.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 845
What does Public Contract Code - PCC § 845 cover?
Section 845 ("Any successor to the electrical corporation, whether pursuant to any bankruptcy,") 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 § 845?
A common citation format is "Public Contract Code - PCC § 845" (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 § 845 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.