California § 12331 - Within the organization of each prorater corporation, either as an owner, officer
Full text of California Public Contract Code - PCC § 12331 — Within the organization of each prorater corporation, either as an owner, officer, with citation guidance and answers to common questions.
§ 12331. Within the organization of each prorater corporation, either as an owner, officer
Within the organization of each prorater corporation, either as an owner, officer, or employee, there shall be one or more persons possessing a minimum of five years experience in consumer credit extension or credit collection activity. At least one such qualified person shall be stationed on duty at each business location during the time the location is open for business.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 12331
What does Public Contract Code - PCC § 12331 cover?
Section 12331 ("Within the organization of each prorater corporation, either as an owner, officer") 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 § 12331?
A common citation format is "Public Contract Code - PCC § 12331" (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 § 12331 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.