California § 31403 - Except as provided in subdivision (b), no licensee shall provide financing assist
Full text of California Public Contract Code - PCC § 31403 — Except as provided in subdivision (b), no licensee shall provide financing assist, with citation guidance and answers to common questions.
§ 31403. Except as provided in subdivision (b), no licensee shall provide financing assist
(a) Except as provided in subdivision (b), no licensee shall provide financing assistance or management assistance to any person other than a business firm in this state. (b) (1) If a licensee provides financing assistance to a business firm in this state, the licensee may also provide financing assistance and management assistance to the business firm with respect to business transacted in any other state of the United States or the District of Columbia. (2) If a licensee provides financing assistance to a business firm in this state which is a franchisor, the licensee may also provide financing assistance and management assistance to any business firm in another state which is a franchisee of the franchisor. (3) If a licensee provides financing assistance to a business firm in this state which is a franchisee of a franchisor, the licensee may also provide financing assistance and management assistance to any business firm in another state which is a franchisee of the franchisor.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 31403
What does Public Contract Code - PCC § 31403 cover?
Section 31403 ("Except as provided in subdivision (b), no licensee shall provide financing assist") 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 § 31403?
A common citation format is "Public Contract Code - PCC § 31403" (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 § 31403 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.