California § 31405 - Except as otherwise provided in subdivisions (b), (c), and (d) of Section 31406:
Full text of California Public Contract Code - PCC § 31405 — Except as otherwise provided in subdivisions (b), (c), and (d) of Section 31406:, with citation guidance and answers to common questions.
§ 31405. Except as otherwise provided in subdivisions (b), (c), and (d) of Section 31406:
Except as otherwise provided in subdivisions (b), (c), and (d) of Section 31406: (a) No licensee shall provide financing assistance or management assistance to any business firm the primary business of which is to provide financing assistance or management assistance. (b) No licensee shall provide financing assistance to any business firm for the purpose of providing financing assistance to other persons or discharging, in whole or in part, any obligation incurred for such purpose.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 31405
What does Public Contract Code - PCC § 31405 cover?
Section 31405 ("Except as otherwise provided in subdivisions (b), (c), and (d) of Section 31406:") 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 § 31405?
A common citation format is "Public Contract Code - PCC § 31405" (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 § 31405 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.