California § 1000 - When authorized by the commissioner as provided in Chapter 3 (commencing with Sec

Full text of California Public Contract Code - PCC § 1000 — When authorized by the commissioner as provided in Chapter 3 (commencing with Sec, with citation guidance and answers to common questions.

§ 1000. When authorized by the commissioner as provided in Chapter 3 (commencing with Sec

When authorized by the commissioner as provided in Chapter 3 (commencing with Section 1040) a corporation may be formed by one or more persons in accordance with the laws of this state for the purpose of conducting a commercial banking business or a trust business, or both of them. The qualification requirements of the Corporate Securities Law of 1968 shall not apply to the offer and sale of securities issued by and representing an interest in or a direct obligation of a bank or trust company incorporated under the laws of this state if the securities are offered and sold pursuant to the commissioner’s authorization described in Section 1201 or the securities are exempt from authorization pursuant to Section 1202, or by a regulation or order of the commissioner.

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

Frequently Asked Questions About California § 1000

What does Public Contract Code - PCC § 1000 cover?

Section 1000 ("When authorized by the commissioner as provided in Chapter 3 (commencing with Sec") 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 § 1000?

A common citation format is "Public Contract Code - PCC § 1000" (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 § 1000 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.