California § 50565 - For purposes of this chapter,
Full text of California Public Contract Code - PCC § 50565 — For purposes of this chapter,, with citation guidance and answers to common questions.
§ 50565. For purposes of this chapter,
(a) For purposes of this chapter, âqualifying unpaid matured loanâ shall mean either of the following: (1) A loan made pursuant to the programs listed in subdivision (a) of Section 50560 that is in material compliance, as determined by the department, with all loan terms and conditions, including, but not limited to, those required by the department loan documents or applicable statutes and regulations, or otherwise required by the department, other than having reached the due date of its promissory note without being paid. (2) A matured loan that is not in compliance, as described in paragraph (1), and is being transferred to another borrower approved by the department. (b) A reinstatement of a qualifying unpaid matured loan under this chapter shall be treated as if its term has been extended from the expired due date for purposes of calculating obligations of the borrower to the department.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 50565
What does Public Contract Code - PCC § 50565 cover?
Section 50565 ("For purposes of this chapter,") 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 § 50565?
A common citation format is "Public Contract Code - PCC § 50565" (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 § 50565 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.