California § 10509.932 - The purpose of this act is to establish disclosure standards regarding the paymen
Full text of California Public Contract Code - PCC § 10509.932 — The purpose of this act is to establish disclosure standards regarding the paymen, with citation guidance and answers to common questions.
§ 10509.932. The purpose of this act is to establish disclosure standards regarding the paymen
The purpose of this act is to establish disclosure standards regarding the payment of life insurance benefits to a beneficiary by means of a retained asset account if a life insurance company offers consumers a retained asset account or establishes such an account as an alternative to the receipt of insurance proceeds by a single payment made directly to the beneficiary that satisfies all of the benefits owed to the beneficiary.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 10509.932
What does Public Contract Code - PCC § 10509.932 cover?
Section 10509.932 ("The purpose of this act is to establish disclosure standards regarding the paymen") 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 § 10509.932?
A common citation format is "Public Contract Code - PCC § 10509.932" (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 § 10509.932 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.