California § 92270 - No liability shall be incurred by the commission in excess of the amount of money
Full text of California Public Contract Code - PCC § 92270 — No liability shall be incurred by the commission in excess of the amount of money, with citation guidance and answers to common questions.
§ 92270. No liability shall be incurred by the commission in excess of the amount of money
No liability shall be incurred by the commission in excess of the amount of money which has been provided under this title, except that, for the purposes of meeting the necessary expenses of initial organization and operation until such date that the commission derives revenues or proceeds from bonds or notes as provided under this title, the commission may borrow money as needed for those expenses from private sources. The borrowed money shall be repaid with interest within a reasonable time after the commission receives revenues or proceeds from bonds or notes as provided under this title.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 92270
What does Public Contract Code - PCC § 92270 cover?
Section 92270 ("No liability shall be incurred by the commission in excess of the amount of money") 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 § 92270?
A common citation format is "Public Contract Code - PCC § 92270" (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 § 92270 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.