California § 1258 - Notwithstanding any other provision of this chapter, any application for approval
Full text of California Public Contract Code - PCC § 1258 — Notwithstanding any other provision of this chapter, any application for approval, with citation guidance and answers to common questions.
§ 1258. Notwithstanding any other provision of this chapter, any application for approval
Notwithstanding any other provision of this chapter, any application for approval to acquire control of a bank or a controlling person which is not denied or approved by the commissioner within a period of 60 days after such application is filed with the commissioner or, if the applicant consents to an extension of the period within which the commissioner may act, within such extended period, shall be deemed to be approved by the commissioner as of the first day after such period of 60 days or such extended period, as the case may be. For purposes of this section, an application for approval to acquire control of a bank or a controlling person is deemed to be filed with the commissioner at the time when the complete application, including any amendments or supplements, containing all the information in the form required by the commissioner, is received by him or her.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1258
What does Public Contract Code - PCC § 1258 cover?
Section 1258 ("Notwithstanding any other provision of this chapter, any application for approval") 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 § 1258?
A common citation format is "Public Contract Code - PCC § 1258" (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 § 1258 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.