California § 99376 - The ordinance shall recite: (a) The object and purpose of incurring the indebtedn
Full text of California Public Contract Code - PCC § 99376 — The ordinance shall recite: (a) The object and purpose of incurring the indebtedn, with citation guidance and answers to common questions.
§ 99376. The ordinance shall recite: (a) The object and purpose of incurring the indebtedn
The ordinance shall recite: (a) The object and purpose of incurring the indebtedness. (b) The estimated cost of the public improvements. (c) The amount of the principal of the indebtedness. (d) The rate or maximum rate of interest on the indebtedness, which shall not exceed 7 percent, and need not be recited if it does not exceed 4 1 2 percent. Such interest shall be payable semiannually, except that interest for the first year after the date of the bonds may be made payable at the end of such year. (e) The date of the election. (f) The manner of holding the election and the procedure for voting for or against the proposition.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 99376
What does Public Contract Code - PCC § 99376 cover?
Section 99376 ("The ordinance shall recite: (a) The object and purpose of incurring the indebtedn") 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 § 99376?
A common citation format is "Public Contract Code - PCC § 99376" (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 § 99376 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.