California § 1870 - No corporation shall by any system of accounting or any device of bookkeeping, di

Full text of California Public Contract Code - PCC § 1870 — No corporation shall by any system of accounting or any device of bookkeeping, di, with citation guidance and answers to common questions.

§ 1870. No corporation shall by any system of accounting or any device of bookkeeping, di

No corporation shall by any system of accounting or any device of bookkeeping, directly or indirectly enter any of its assets upon its books in the name of any other person, or under any title or designation that is not truly descriptive thereof.

Source: official California text · Last verified 2026-08-27

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Frequently Asked Questions About California § 1870

What does Public Contract Code - PCC § 1870 cover?

Section 1870 ("No corporation shall by any system of accounting or any device of bookkeeping, di") 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 § 1870?

A common citation format is "Public Contract Code - PCC § 1870" (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 § 1870 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.