California § 2061 - No licensee shall appoint any person as an agent unless it has conducted a review

Full text of California Public Contract Code - PCC § 2061 — No licensee shall appoint any person as an agent unless it has conducted a review, with citation guidance and answers to common questions.

§ 2061. No licensee shall appoint any person as an agent unless it has conducted a review

(a) No licensee shall appoint any person as an agent unless it has conducted a review of the proposed agent’s fitness to act as an agent and has determined that the proposed agent and any persons who control the proposed agent are of good character and sound financial standing. (b) A licensee shall maintain records of this review for each agent while the agent is providing money transmission on behalf of the licensee, and for three years after the relationship with the agent has terminated.

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

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Frequently Asked Questions About California § 2061

What does Public Contract Code - PCC § 2061 cover?

Section 2061 ("No licensee shall appoint any person as an agent unless it has conducted a review") 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 § 2061?

A common citation format is "Public Contract Code - PCC § 2061" (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 § 2061 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.