California § 5012 - All references in this part, Part 2 (commencing with Section 5110), Part 3 (comme
Full text of California Public Contract Code - PCC § 5012 — All references in this part, Part 2 (commencing with Section 5110), Part 3 (comme, with citation guidance and answers to common questions.
§ 5012. All references in this part, Part 2 (commencing with Section 5110), Part 3 (comme
All references in this part, Part 2 (commencing with Section 5110), Part 3 (commencing with Section 7110), or Part 4 (commencing with Section 9110) to financial statements of a corporation mean statements prepared in conformity with generally accepted accounting principles or some other basis of accounting which reasonably sets forth the assets and liabilities and the income and expenses of the corporation and discloses the accounting basis used in their preparation.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 5012
What does Public Contract Code - PCC § 5012 cover?
Section 5012 ("All references in this part, Part 2 (commencing with Section 5110), Part 3 (comme") 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 § 5012?
A common citation format is "Public Contract Code - PCC § 5012" (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 § 5012 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.