California § 18245 - Subject to any regulations that the commissioner may issue, an industrial loan co

Full text of California Public Contract Code - PCC § 18245 — Subject to any regulations that the commissioner may issue, an industrial loan co, with citation guidance and answers to common questions.

§ 18245. Subject to any regulations that the commissioner may issue, an industrial loan co

(a) Subject to any regulations that the commissioner may issue, an industrial loan company may issue credit cards and may acquire or hold obligations resulting from the use of credit cards. (b) Except as the commissioner may otherwise provide by regulation or order, the acquiring and holding of obligations pursuant to subdivision (a) are not subject to Article 2 (commencing with Section 18205) or Article 6.5 (commencing with Section 18300).

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

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Frequently Asked Questions About California § 18245

What does Public Contract Code - PCC § 18245 cover?

Section 18245 ("Subject to any regulations that the commissioner may issue, an industrial loan co") 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 § 18245?

A common citation format is "Public Contract Code - PCC § 18245" (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 § 18245 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.