California § 1916.2 - The restrictions upon rates of interest contained in Section 1 of Article XV of t
Full text of California Public Contract Code - PCC § 1916.2 — The restrictions upon rates of interest contained in Section 1 of Article XV of t, with citation guidance and answers to common questions.
§ 1916.2. The restrictions upon rates of interest contained in Section 1 of Article XV of t
The restrictions upon rates of interest contained in Section 1 of Article XV of the California Constitution do not apply to any loans made by, or forbearances of, a public retirement or pension system that is created, authorized, and regulated by the laws of a state other than California, or the laws of a local agency of a state other than California. This section establishes as an exempt class of persons pursuant to Section 1 of Article XV of the California Constitution, any public retirement or pension system that is created, authorized, and regulated by the laws of a state other than California, or the laws of a local agency of a state other than California.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1916.2
What does Public Contract Code - PCC § 1916.2 cover?
Section 1916.2 ("The restrictions upon rates of interest contained in Section 1 of Article XV of t") 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 § 1916.2?
A common citation format is "Public Contract Code - PCC § 1916.2" (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 § 1916.2 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.