California § 17411 - No person shall knowingly keep or cause to be kept any funds or money in any bank

Full text of California Public Contract Code - PCC § 17411 — No person shall knowingly keep or cause to be kept any funds or money in any bank, with citation guidance and answers to common questions.

§ 17411. No person shall knowingly keep or cause to be kept any funds or money in any bank

No person shall knowingly keep or cause to be kept any funds or money in any bank or state or federal savings and loan association under the heading of “trust funds” or “escrow accounts” or any other name designating such funds or money as belonging to the clients of any escrow agency, except actual escrow or trust funds deposited with such agency.

Source: official California text · Last verified 2026-08-27

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Frequently Asked Questions About California § 17411

What does Public Contract Code - PCC § 17411 cover?

Section 17411 ("No person shall knowingly keep or cause to be kept any funds or money in any bank") 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 § 17411?

A common citation format is "Public Contract Code - PCC § 17411" (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 § 17411 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.