California § 1174 - The commissioner shall be deemed to be a party in interest within the meaning of
Full text of California Public Contract Code - PCC § 1174 — The commissioner shall be deemed to be a party in interest within the meaning of, with citation guidance and answers to common questions.
§ 1174. The commissioner shall be deemed to be a party in interest within the meaning of
(a) The commissioner shall be deemed to be a party in interest within the meaning of Section 306 of the Corporations Code with respect to a bank and may, in the name of the people of this state, bring or intervene in an action under Section 306 of the Corporations Code for the appointment of directors of a bank. (b) The commissioner may, in the name of the people of this state, bring or intervene in an action under Section 308 of the Corporations Code for the appointment of a provisional director or directors of a bank to the same extent as a shareholder who held 50 percent of the voting power of such bank might bring such an action.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1174
What does Public Contract Code - PCC § 1174 cover?
Section 1174 ("The commissioner shall be deemed to be a party in interest within the meaning of") 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 § 1174?
A common citation format is "Public Contract Code - PCC § 1174" (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 § 1174 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.