California § 377 - Notwithstanding any other provision of this code, whenever any provision of the F
Full text of California Public Contract Code - PCC § 377 — Notwithstanding any other provision of this code, whenever any provision of the F, with citation guidance and answers to common questions.
§ 377. Notwithstanding any other provision of this code, whenever any provision of the F
Notwithstanding any other provision of this code, whenever any provision of the Financial Institutions Law requires the pledge of securities to be deposited with the Treasurer, to ensure the performance of any act or duty, the securities after first being approved by the commissioner and upon the written order of the commissioner, shall be deposited with the Treasurer. The Treasurer, with the consent of the owner of the securities deposited or to be deposited with the Treasurer, may place the securities in the custody of a qualified trust company or bank in the same manner and under the same conditions provided in Article 3 (commencing with Section 16550) of Chapter 4 of Part 2 of Division 4 of Title 2 of the Government Code.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 377
What does Public Contract Code - PCC § 377 cover?
Section 377 ("Notwithstanding any other provision of this code, whenever any provision of the F") 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 § 377?
A common citation format is "Public Contract Code - PCC § 377" (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 § 377 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.