California § 92496 - If the university is able to reduce annual debt service costs by refunding, defea
Full text of California Public Contract Code - PCC § 92496 — If the university is able to reduce annual debt service costs by refunding, defea, with citation guidance and answers to common questions.
§ 92496. If the university is able to reduce annual debt service costs by refunding, defea
If the university is able to reduce annual debt service costs by refunding, defeasing, or retiring general obligation bonds or State Public Works Board lease revenue bonds, as described in Section 92493, the university shall annually contribute an equal amount to reduce the existing unfunded liability of the University of California Retirement Plan.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 92496
What does Public Contract Code - PCC § 92496 cover?
Section 92496 ("If the university is able to reduce annual debt service costs by refunding, defea") 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 § 92496?
A common citation format is "Public Contract Code - PCC § 92496" (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 § 92496 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.