California § 501 - Whenever, in the judgment of the commissioner, it is necessary or advisable to ma
Full text of California Public Contract Code - PCC § 501 — Whenever, in the judgment of the commissioner, it is necessary or advisable to ma, with citation guidance and answers to common questions.
§ 501. Whenever, in the judgment of the commissioner, it is necessary or advisable to ma
(a) Whenever, in the judgment of the commissioner, it is necessary or advisable to make an extra examination of or to devote any extraordinary attention to any bank, any foreign bank, or any office of a foreign bank, the commissioner has the authority to do so and to charge and collect from the bank or foreign bank, in the case of an extra examination, a fee for the examination, as determined by the commissioner. In determining the fee, the commissioner may use the estimated average hourly cost, including, but not limited to, overhead, for all persons performing the examination. (b) Whenever in the judgment of the commissioner it is necessary or expedient for any examiner engaged in any examination to travel outside this state, the commissioner may charge for the travel expenses of the examiner.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 501
What does Public Contract Code - PCC § 501 cover?
Section 501 ("Whenever, in the judgment of the commissioner, it is necessary or advisable to ma") 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 § 501?
A common citation format is "Public Contract Code - PCC § 501" (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 § 501 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.