California § 1580 - A trust company may invest its contributed capital only in the securities and pro
Full text of California Public Contract Code - PCC § 1580 — A trust company may invest its contributed capital only in the securities and pro, with citation guidance and answers to common questions.
§ 1580. A trust company may invest its contributed capital only in the securities and pro
A trust company may invest its contributed capital only in the securities and properties in which a commercial bank is permitted to invest its funds pursuant to Sections 800 to 819, inclusive, and in loans on real property which commercial banks are permitted to make pursuant to Article 3 (commencing with Section 1480) of Chapter 14.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1580
What does Public Contract Code - PCC § 1580 cover?
Section 1580 ("A trust company may invest its contributed capital only in the securities and pro") 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 § 1580?
A common citation format is "Public Contract Code - PCC § 1580" (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 § 1580 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.