California § 10231.1 - No person in doing any of the acts set forth in subdivision (d) of Section 10131,
Full text of California Public Contract Code - PCC § 10231.1 — No person in doing any of the acts set forth in subdivision (d) of Section 10131,, with citation guidance and answers to common questions.
§ 10231.1. No person in doing any of the acts set forth in subdivision (d) of Section 10131,
No person in doing any of the acts set forth in subdivision (d) of Section 10131, subdivision (e) of Section 10131, and Section 10131.1 shall, as agent or principal, retain funds payable according to the terms of a promissory note or real property sales contract secured directly or collaterally by a lien on real property, for a period longer than 25 days, except pursuant to a written agreement with the purchaser or lender.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 10231.1
What does Public Contract Code - PCC § 10231.1 cover?
Section 10231.1 ("No person in doing any of the acts set forth in subdivision (d) of Section 10131,") 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 § 10231.1?
A common citation format is "Public Contract Code - PCC § 10231.1" (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 § 10231.1 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.