California § 25140 - Accounting procedures shall be adopted which will separately reflect the revenues
Full text of California Public Contract Code - PCC § 25140 — Accounting procedures shall be adopted which will separately reflect the revenues, with citation guidance and answers to common questions.
§ 25140. Accounting procedures shall be adopted which will separately reflect the revenues
Accounting procedures shall be adopted which will separately reflect the revenues attributable to dividends received by corporations having commercial domiciles in this state. In view of pending litigation concerning the proper treatment of intercompany dividends, it is not intended by enactment of this act that any inference be drawn from it in such litigation.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 25140
What does Public Contract Code - PCC § 25140 cover?
Section 25140 ("Accounting procedures shall be adopted which will separately reflect the revenues") 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 § 25140?
A common citation format is "Public Contract Code - PCC § 25140" (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 § 25140 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.