California § 31827 - It shall be unlawful for any licensee, directly or indirectly, to provide financi
Full text of California Public Contract Code - PCC § 31827 — It shall be unlawful for any licensee, directly or indirectly, to provide financi, with citation guidance and answers to common questions.
§ 31827. It shall be unlawful for any licensee, directly or indirectly, to provide financi
It shall be unlawful for any licensee, directly or indirectly, to provide financing assistance to any person to whom any associate of such licensee provides financing assistance, either contemporaneously with, or within one year before or after, the providing of financing assistance by the licensee, if the terms on which the licensee provides financing assistance are less favorable to the licensee than the terms on which the associate provides financing assistance to the associate. In any case where the financing assistance provided by the associate of the licensee is of a different kind from the financing assistance provided by the licensee, the burden shall be on the licensee to prove that the terms on which it provided financing assistance were at least as favorable to it as the terms on which the associate provided financing assistance to the associate. This section shall not apply to any transaction effected by an associate of a licensee in the normal course of such associateâs business involving a line of credit or short-term financing assistance.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 31827
What does Public Contract Code - PCC § 31827 cover?
Section 31827 ("It shall be unlawful for any licensee, directly or indirectly, to provide financi") 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 § 31827?
A common citation format is "Public Contract Code - PCC § 31827" (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 § 31827 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.