California § 14312 - For purposes of this section,
Full text of California Public Contract Code - PCC § 14312 — For purposes of this section,, with citation guidance and answers to common questions.
§ 14312. For purposes of this section,
(a) For purposes of this section, âsubject depository institutionâ means any of the following: (1) A credit union that is organized under the laws of this state or that maintains an office in this state. (2) An affiliate of an institution specified in paragraph (1). (b) It shall be unlawful for a subject person or former subject person of a subject institution to whom an order is issued under Sections 14308 to 14310, inclusive, willfully to do, directly or indirectly, any of the following without the approval of the commissioner so long as the order is in effect: (1) To act as a subject person of any subject depository institution. (2) To vote any shares or other securities having voting rights for the election of any person as a director of a subject depository institution. (3) To solicit, procure, transfer or attempt to transfer, or vote any proxy, consent, or authorization with respect to any shares or other securities of a subject depository institution having voting rights. (4) To otherwise participate in any manner in the conduct of the affairs of any subject depository institution.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 14312
What does Public Contract Code - PCC § 14312 cover?
Section 14312 ("For purposes of this section,") 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 § 14312?
A common citation format is "Public Contract Code - PCC § 14312" (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 § 14312 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.