California § 2087 - If the commissioner finds that a rating assigned to a class of securities by an e
Full text of California Public Contract Code - PCC § 2087 — If the commissioner finds that a rating assigned to a class of securities by an e, with citation guidance and answers to common questions.
§ 2087. If the commissioner finds that a rating assigned to a class of securities by an e
(a) If the commissioner finds that a rating assigned to a class of securities by an eligible securities rating service indicates that the class of securities is of sufficient quality to be eligible securities, the commissioner may by regulation or order declare the rating to be an eligible rating. (b) With respect to this division âeligible ratingâ means any rating assigned to such security or class of securities by such eligible securities rating service which the commissioner has by regulation or order declared to be an eligible rating.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 2087
What does Public Contract Code - PCC § 2087 cover?
Section 2087 ("If the commissioner finds that a rating assigned to a class of securities by an e") 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 § 2087?
A common citation format is "Public Contract Code - PCC § 2087" (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 § 2087 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.