California § 988.7
Full text of California Public Contract Code - PCC § 988.7, with citation guidance and answers to common questions.
§ 988.7.
(a) (1) Notwithstanding any other law, all moneys in the California National Guard Membersâ Farm and Home Building Fund of 1978 and any other account created in that fund, including, but not limited to, the National Guard Membersâ Revenue Bond Revenue Account, that are not needed to meet revenue bond obligations shall be deposited into the Veteransâ Farm and Home Building Fund of 1943 within 30 days after the effective date of this section. (2) Notwithstanding any other law, on and after the effective date of this section, any revenues that would have otherwise been required to be deposited into the National Guard Membersâ Revenue Bond Revenue Account pursuant to Section 485.1, the California National Guard Membersâ Farm and Home Building Fund of 1978, or any other account in that fund, shall be deposited into the Veteransâ Farm and Home Building Fund of 1943. (b) Notwithstanding Section 13340 of the Government Code, all moneys deposited into the Veteransâ Farm and Home Building Fund of 1943 pursuant to subdivision (a) are hereby continuously appropriated, without regard to fiscal year, to the department, and may be used by the department to make shared equity cooperative housing loans.
Frequently Asked Questions About California § 988.7
What does Public Contract Code - PCC § 988.7 cover?
Section 988.7 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 § 988.7?
A common citation format is "Public Contract Code - PCC § 988.7" (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 § 988.7 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.