California § 205 - Solely for the purpose of any statute or regulation imposing any tax or fee based
Full text of California Public Contract Code - PCC § 205 — Solely for the purpose of any statute or regulation imposing any tax or fee based, with citation guidance and answers to common questions.
§ 205. Solely for the purpose of any statute or regulation imposing any tax or fee based
Solely for the purpose of any statute or regulation imposing any tax or fee based upon the capitalization of a corporation, all authorized shares of a corporation organized under this division shall be deemed to have a nominal or par value of one dollar ($1) per share. If any federal or other statute or regulation applicable to a particular corporation requires that the shares of such corporation have a par value, such shares shall have the par value determined by the board in order to satisfy the requirements of such statute or regulation.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 205
What does Public Contract Code - PCC § 205 cover?
Section 205 ("Solely for the purpose of any statute or regulation imposing any tax or fee based") 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 § 205?
A common citation format is "Public Contract Code - PCC § 205" (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 § 205 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.