California § 3201 - On or after July 1, 2026, a person shall not engage in digital financial asset bu
Full text of California Public Contract Code - PCC § 3201 — On or after July 1, 2026, a person shall not engage in digital financial asset bu, with citation guidance and answers to common questions.
§ 3201. On or after July 1, 2026, a person shall not engage in digital financial asset bu
On or after July 1, 2026, a person shall not engage in digital financial asset business activity, or hold itself out as being able to engage in digital financial asset business activity, with or on behalf of a resident unless any of the following is true: (a) The person is licensed in this state by the department under Section 3203. (b) The person submits a completed application on or before July 1, 2026, and is awaiting approval or denial of that application. (c) The person is exempt from licensure under this division pursuant to Section 3103.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 3201
What does Public Contract Code - PCC § 3201 cover?
Section 3201 ("On or after July 1, 2026, a person shall not engage in digital financial asset bu") 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 § 3201?
A common citation format is "Public Contract Code - PCC § 3201" (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 § 3201 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.