California § 31103 - This division shall not be applicable to any transaction relating to a bank credi
Full text of California Public Contract Code - PCC § 31103 — This division shall not be applicable to any transaction relating to a bank credi, with citation guidance and answers to common questions.
§ 31103. This division shall not be applicable to any transaction relating to a bank credi
This division shall not be applicable to any transaction relating to a bank credit card plan. âBank credit card planâ means a credit card plan in which the issuers of credit cards, as defined in subdivision (a) of Section 1747.02 of the Civil Code are only: banks regulated by or under the supervision of the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Comptroller of the Currency of the United States, or the Commissioner of Financial Institutions of this state under Division 1 (commencing with Section 99) of the Financial Code; or, persons controlling these banks, provided that the assets of such a bank or banks represent a majority of the assets on a consolidated basis of any holding company system of which the card issuers may be a party; or, persons controlled by these banks.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 31103
What does Public Contract Code - PCC § 31103 cover?
Section 31103 ("This division shall not be applicable to any transaction relating to a bank credi") 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 § 31103?
A common citation format is "Public Contract Code - PCC § 31103" (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 § 31103 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.