California § 8571.5 - The legislative body may determine that bonds issued pursuant to this division ma
Full text of California Public Contract Code - PCC § 8571.5 — The legislative body may determine that bonds issued pursuant to this division ma, with citation guidance and answers to common questions.
§ 8571.5. The legislative body may determine that bonds issued pursuant to this division ma
The legislative body may determine that bonds issued pursuant to this division may be refunded under specified conditions. If the legislative body so determines, it shall, in the resolution of intention to do the work, include all of the following: (a) A declaration that bonds proposed in the resolution may be refunded. (b) The specific conditions under which the bonds may be refunded, including a maximum interest rate and maximum number of years to maturity of the refunding bonds. (c) A statement that any adjustment to assessments resulting from the refunding will be done on a pro rata basis. The refunding shall be accomplished pursuant to Division 11.5 (commencing with Section 9500), except that, if, following the filing of the report specified in Section 9523 and any subsequent modifications of the report, the legislative body finds that each of the conditions specified in the resolution of intention is satisfied and that the adjustments to assessments are on a pro rata basis, the legislative body may approve and confirm the report and may, without further proceedings, authorize, issue, and sell the refunding bonds pursuant to Chapter 3 (commencing with Section 9600) of Division 11.5.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 8571.5
What does Public Contract Code - PCC § 8571.5 cover?
Section 8571.5 ("The legislative body may determine that bonds issued pursuant to this division ma") 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 § 8571.5?
A common citation format is "Public Contract Code - PCC § 8571.5" (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 § 8571.5 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.