California § 1131 - Section 500 of the Corporations Code does not apply to the making by a bank or by
Full text of California Public Contract Code - PCC § 1131 — Section 500 of the Corporations Code does not apply to the making by a bank or by, with citation guidance and answers to common questions.
§ 1131. Section 500 of the Corporations Code does not apply to the making by a bank or by
Section 500 of the Corporations Code does not apply to the making by a bank or by any majority-owned subsidiary of a bank of any distribution to the shareholders of such bank.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1131
What does Public Contract Code - PCC § 1131 cover?
Section 1131 ("Section 500 of the Corporations Code does not apply to the making by a bank or by") 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 § 1131?
A common citation format is "Public Contract Code - PCC § 1131" (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 § 1131 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.