California § 704.5 - The commissioner may decline to grant or may suspend or revoke a certificate of a
Full text of California Public Contract Code - PCC § 704.5 — The commissioner may decline to grant or may suspend or revoke a certificate of a, with citation guidance and answers to common questions.
§ 704.5. The commissioner may decline to grant or may suspend or revoke a certificate of a
The commissioner may decline to grant or may suspend or revoke a certificate of authority of any holder of such certificate authorized to be certificated under this code if any person or persons, directly or indirectly, or any person who as an affiliate or part of any affiliate, directly or indirectly, owning or controlling, in the aggregate, any interest in more than 10 percent of the stock of such holder of the certificate, or its subsidiary, or any company or entity controlling such holder, or if any officer or director of such holder has been convicted on, or pleaded guilty or nolo contendere to, an indictment or information in any jurisdiction charging a felony for theft or larceny, mail fraud, or violation of any corporate securities statute or any insurance statute.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 704.5
What does Public Contract Code - PCC § 704.5 cover?
Section 704.5 ("The commissioner may decline to grant or may suspend or revoke a certificate of a") 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 § 704.5?
A common citation format is "Public Contract Code - PCC § 704.5" (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 § 704.5 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.