California § 1581 - Any business association that sells in this state its travelers checks, money ord
Full text of California Public Contract Code - PCC § 1581 — Any business association that sells in this state its travelers checks, money ord, with citation guidance and answers to common questions.
§ 1581. Any business association that sells in this state its travelers checks, money ord
(a) Any business association that sells in this state its travelers checks, money orders, or other similar written instruments (other than third-party bank checks) on which such business association is directly liable, or that provides such travelers checks, money orders, or similar written instruments to others for sale in this state, shall maintain a record indicating those travelers checks, money orders, or similar written instruments that are purchased from it in this state. (b) The record required by this section may be destroyed after it has been retained for such reasonable time as the State Controller shall designate by regulation. (c) Any business association that willfully fails to comply with this section is liable to the state for a civil penalty of five hundred dollars ($500) for each day of such failure to comply, which penalty may be recovered in an action brought by the State Controller.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1581
What does Public Contract Code - PCC § 1581 cover?
Section 1581 ("Any business association that sells in this state its travelers checks, money ord") 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 § 1581?
A common citation format is "Public Contract Code - PCC § 1581" (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 § 1581 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.