California § 8654 - The bonds shall bear interest at the rate specified or determined in the proceedi
Full text of California Public Contract Code - PCC § 8654 — The bonds shall bear interest at the rate specified or determined in the proceedi, with citation guidance and answers to common questions.
§ 8654. The bonds shall bear interest at the rate specified or determined in the proceedi
The bonds shall bear interest at the rate specified or determined in the proceedings. The bonds maturing in any year shall constitute the annual series of that year and the aggregate principal of the bonds in such series shall equal the annual proportion of the aggregate principal sum of the entire bond issue hereinbefore referred to.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 8654
What does Public Contract Code - PCC § 8654 cover?
Section 8654 ("The bonds shall bear interest at the rate specified or determined in the proceedi") 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 § 8654?
A common citation format is "Public Contract Code - PCC § 8654" (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 § 8654 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.