California § 2502.01 - Every social purpose corporation organized under the laws of this state or simila
Full text of California Public Contract Code - PCC § 2502.01 — Every social purpose corporation organized under the laws of this state or simila, with citation guidance and answers to common questions.
§ 2502.01. Every social purpose corporation organized under the laws of this state or simila
Every social purpose corporation organized under the laws of this state or similar foreign social purpose corporation, all of the capital stock of which is beneficially owned by the United States, an agency or instrumentality of the United States or any social purpose corporation or similar foreign social purpose corporation the whole of the capital stock of which is owned by the United States or by an agency or instrumentality of the United States, is conclusively presumed to be an agency and instrumentality of the United States and is entitled to all privileges and immunities to which the holders of all of its stock are entitled as agencies of the United States.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 2502.01
What does Public Contract Code - PCC § 2502.01 cover?
Section 2502.01 ("Every social purpose corporation organized under the laws of this state or simila") 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 § 2502.01?
A common citation format is "Public Contract Code - PCC § 2502.01" (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 § 2502.01 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.