California § 8784 - If there is a surplus remaining in the redemption fund after payment of all bonds

Full text of California Public Contract Code - PCC § 8784 — If there is a surplus remaining in the redemption fund after payment of all bonds, with citation guidance and answers to common questions.

§ 8784. If there is a surplus remaining in the redemption fund after payment of all bonds

If there is a surplus remaining in the redemption fund after payment of all bonds and the interest thereon, that surplus shall first be applied to repayment to the city of any special taxes levied by it for the purpose of advancing funds under Part 13 (commencing with Section 8800) less its recovery on the sale or redemption of the properties assessed, and also of any costs incurred by it under this division. The remainder shall be repaid in accordance with the provisions of Section 8783 to persons paying supplemental assessments, if any, and the balance may be proportionately credited upon the final installments due upon the assessments securing the bonds and repaid to those persons whose assessments have been previously paid or may be transferred to the general fund of the city.

Source: official California text · Last verified 2026-08-27

Frequently Asked Questions About California § 8784

What does Public Contract Code - PCC § 8784 cover?

Section 8784 ("If there is a surplus remaining in the redemption fund after payment of all bonds") 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 § 8784?

A common citation format is "Public Contract Code - PCC § 8784" (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 § 8784 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.