California § 9530
Full text of California Public Contract Code - PCC § 9530, with citation guidance and answers to common questions.
§ 9530.
(a) âSurplus moneys,â as determined pursuant to Section 9529, shall be invested exclusively in bonds or interest-bearing notes or obligations of the United States, or those for which the faith and credit of the United States are pledged for the payment of principal and interest. (b) Interest earned and other increment derived from any investment under this section shall be credited to the surplus money account for investment under this section.
Frequently Asked Questions About California § 9530
What does Public Contract Code - PCC § 9530 cover?
Section 9530 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 § 9530?
A common citation format is "Public Contract Code - PCC § 9530" (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 § 9530 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.