California § 113 - Credit insurance includes insurance of persons engaged in business against loss b
Full text of California Public Contract Code - PCC § 113 — Credit insurance includes insurance of persons engaged in business against loss b, with citation guidance and answers to common questions.
§ 113. Credit insurance includes insurance of persons engaged in business against loss b
Credit insurance includes insurance of persons engaged in business against loss by reason of extending credit to those dealing with them, and insurance against loss from the failure of persons to meet existing or contemplated obligations to the insured. However, no insurance may be written as credit insurance if it falls within the definition of financial guaranty insurance as set forth in Section 12100.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 113
What does Public Contract Code - PCC § 113 cover?
Section 113 ("Credit insurance includes insurance of persons engaged in business against loss b") 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 § 113?
A common citation format is "Public Contract Code - PCC § 113" (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 § 113 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.