California § 94192 - For the purpose of obtaining and securing loans under Section 94191, every partic
Full text of California Public Contract Code - PCC § 94192 — For the purpose of obtaining and securing loans under Section 94191, every partic, with citation guidance and answers to common questions.
§ 94192. For the purpose of obtaining and securing loans under Section 94191, every partic
For the purpose of obtaining and securing loans under Section 94191, every participating private college, participating nonprofit entity, or university applicant shall, notwithstanding any other law, have power to mortgage and pledge any of its real or personal property, and to pledge any of its income from whatever source to repay the principal of and interest on any loan made to it by the authority or to pay the interest on and principal and redemption premium, if any, of any note, bond, or other evidence of indebtedness evidencing the debt created by that loan; provided that the foregoing shall not be construed to authorize actions in conflict with specific legislation, trusts, endowment, or other agreements relating to specific properties or funds.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 94192
What does Public Contract Code - PCC § 94192 cover?
Section 94192 ("For the purpose of obtaining and securing loans under Section 94191, every partic") 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 § 94192?
A common citation format is "Public Contract Code - PCC § 94192" (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 § 94192 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.