California § 2544 - Except as specifically limited by order of the court, subject to Section 2541, th
Full text of California Public Contract Code - PCC § 2544 — Except as specifically limited by order of the court, subject to Section 2541, th, with citation guidance and answers to common questions.
§ 2544. Except as specifically limited by order of the court, subject to Section 2541, th
(a) Except as specifically limited by order of the court, subject to Section 2541, the guardian or conservator may sell securities without authorization, confirmation, or direction of the court if any of the following conditions is satisfied: (1) The securities are to be sold on an established stock or bond exchange. (2) The securities to be sold are securities designated as a national market system security on an interdealer quotation system or subsystem thereof, by the National Association of Securities Dealers, Inc., sold through a broker-dealer registered under the Securities Exchange Act of 1934 during the regular course of business of the broker-dealer. (3) The securities are to be directly redeemed by the issuer thereof. (b) Section 2543 does not apply to sales under this section.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 2544
What does Public Contract Code - PCC § 2544 cover?
Section 2544 ("Except as specifically limited by order of the court, subject to Section 2541, th") 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 § 2544?
A common citation format is "Public Contract Code - PCC § 2544" (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 § 2544 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.