California § 1608 - Whenever any corporation desires to withdraw from and discontinue doing a trust b
Full text of California Public Contract Code - PCC § 1608 — Whenever any corporation desires to withdraw from and discontinue doing a trust b, with citation guidance and answers to common questions.
§ 1608. Whenever any corporation desires to withdraw from and discontinue doing a trust b
Whenever any corporation desires to withdraw from and discontinue doing a trust business, it shall furnish to the commissioner satisfactory evidence of its release and discharge from all the obligations and trusts which it has assumed or which have been imposed on it by law. Thereupon the commissioner shall revoke his or her certificate of authority to do a trust business, and the State Treasurer shall return to it all of the securities deposited by it. Thereafter such corporation shall not be permitted to use and shall not use the word âtrustâ in its corporate name, or in connection with its business.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1608
What does Public Contract Code - PCC § 1608 cover?
Section 1608 ("Whenever any corporation desires to withdraw from and discontinue doing a trust b") 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 § 1608?
A common citation format is "Public Contract Code - PCC § 1608" (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 § 1608 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.