California § 8745 - The legislative body may, by resolution, borrow money in anticipation of the sale
Full text of California Public Contract Code - PCC § 8745 — The legislative body may, by resolution, borrow money in anticipation of the sale, with citation guidance and answers to common questions.
§ 8745. The legislative body may, by resolution, borrow money in anticipation of the sale
The legislative body may, by resolution, borrow money in anticipation of the sale of bonds which have been authorized pursuant to this division, but which have not been sold and delivered, issue negotiable bond anticipation notes therefor, and renew the notes from time to time. The maximum maturity of any bond anticipation notes, including the renewals thereof, shall not exceed three years from the date of delivery of the original notes.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 8745
What does Public Contract Code - PCC § 8745 cover?
Section 8745 ("The legislative body may, by resolution, borrow money in anticipation of the sale") 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 § 8745?
A common citation format is "Public Contract Code - PCC § 8745" (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 § 8745 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.