California § 8745.8 - The legislative body may provide, in its resolution authorizing the issuance of b
Full text of California Public Contract Code - PCC § 8745.8 — The legislative body may provide, in its resolution authorizing the issuance of b, with citation guidance and answers to common questions.
§ 8745.8. The legislative body may provide, in its resolution authorizing the issuance of b
The legislative body may provide, in its resolution authorizing the issuance of bond anticipation notes, that the note shall be subject to call and redemption prior to maturity, at the option of the legislative body, at the price or prices which are fixed in the resolution, but not to exceed a premium of 6 percent of the par value of the note subject to redemption. The resolution shall fix the method of giving notice of redemption to the holders of the notes to be redeemed and the price or prices at which the note shall be subject to redemption. Any notes that are subject to call and redemption prior to maturity shall contain a recital to that effect on their face, and no note shall be subject to call or redemption prior to its fixed maturity date unless it contains that recital.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 8745.8
What does Public Contract Code - PCC § 8745.8 cover?
Section 8745.8 ("The legislative body may provide, in its resolution authorizing the issuance of b") 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 § 8745.8?
A common citation format is "Public Contract Code - PCC § 8745.8" (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 § 8745.8 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.