California § 1230 - The Legislature declares that the purpose of this article is to establish guideli
Full text of California Public Contract Code - PCC § 1230 — The Legislature declares that the purpose of this article is to establish guideli, with citation guidance and answers to common questions.
§ 1230. The Legislature declares that the purpose of this article is to establish guideli
The Legislature declares that the purpose of this article is to establish guidelines for life insurers to use in life insurance policies which contain a provision for periodic adjustment of policy loan interest rates and are issued after the effective date of this article. It is the intent of the Legislature that the life insurance industry make available to the people of the State of California who purchase new life insurance policies after the effective date of this act the benefits of higher dividends or lower premiums, or both, resulting from the increased earnings through the use of higher policy loan interest rates.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1230
What does Public Contract Code - PCC § 1230 cover?
Section 1230 ("The Legislature declares that the purpose of this article is to establish guideli") 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 § 1230?
A common citation format is "Public Contract Code - PCC § 1230" (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 § 1230 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.