California § 22803 - As an alternative to the disclosures required in subdivision (b) of Section 22802
Full text of California Public Contract Code - PCC § 22803 — As an alternative to the disclosures required in subdivision (b) of Section 22802, with citation guidance and answers to common questions.
§ 22803. As an alternative to the disclosures required in subdivision (b) of Section 22802
As an alternative to the disclosures required in subdivision (b) of Section 22802, a provider who offers commercial financing that is factoring or asset-based lending and that offers the recipient an agreement that describes the general terms and conditions of the commercial financing transaction that will occur under the agreement, may provide the following disclosures as an example of a transaction that could occur under the general agreement for a given amount of accounts receivables: (a) An amount financed. (b) The total dollar cost. (c) The term or estimated term. (d) The method, frequency, and amount of payments. (e) A description of prepayment policies. (f) The total cost of the financing expressed as an annualized rate.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 22803
What does Public Contract Code - PCC § 22803 cover?
Section 22803 ("As an alternative to the disclosures required in subdivision (b) of Section 22802") 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 § 22803?
A common citation format is "Public Contract Code - PCC § 22803" (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 § 22803 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.