California § 17855 - The term
Full text of California Public Contract Code - PCC § 17855 — The term, with citation guidance and answers to common questions.
§ 17855. The term
The term âunrealized receivables,â as defined by Section 751(c) of the Internal Revenue Code, shall not include any of the following: (a) Stock in certain foreign corporations, as described in Section 1248 of the Internal Revenue Code. (b) Oil, gas, or geothermal property, described in Section 1254 of the Internal Revenue Code.
Frequently Asked Questions About California § 17855
What does Public Contract Code - PCC § 17855 cover?
Section 17855 ("The term") 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 § 17855?
A common citation format is "Public Contract Code - PCC § 17855" (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 § 17855 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.