California § 1053 - Sections 1051 and 1052 are applicable to applications for transfer of reserve acc
Full text of California Public Contract Code - PCC § 1053 — Sections 1051 and 1052 are applicable to applications for transfer of reserve acc, with citation guidance and answers to common questions.
§ 1053. Sections 1051 and 1052 are applicable to applications for transfer of reserve acc
Sections 1051 and 1052 are applicable to applications for transfer of reserve accounts made after the 90-day period beginning with the date of acquisition but prior to the cancellation of the reserve account pursuant to Section 1029 if the reserve account has not been reacquired by the predecessor on re-entering business or, in the case of distinct and severable portions, if the predecessor did not continue in business, but any amendment of the contribution rate shall be made as of the first day of the calendar quarter next succeeding the date of the application.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1053
What does Public Contract Code - PCC § 1053 cover?
Section 1053 ("Sections 1051 and 1052 are applicable to applications for transfer of reserve acc") 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 § 1053?
A common citation format is "Public Contract Code - PCC § 1053" (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 § 1053 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.