California § 55523.2 - Any balance sheet or financial information prepared, retained, or submitted as re
Full text of California Public Contract Code - PCC § 55523.2 — Any balance sheet or financial information prepared, retained, or submitted as re, with citation guidance and answers to common questions.
§ 55523.2. Any balance sheet or financial information prepared, retained, or submitted as re
Any balance sheet or financial information prepared, retained, or submitted as required by this chapter that shows the applicant to be in an unsound financial condition that impairs the ability to pay farm products creditors in full for farm products received or handled is sufficient grounds to deny the application for license or the renewal of a license. The denial of the application for a license or renewal of a license relating to an unsound financial condition shall include a notice and an opportunity for a hearing.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 55523.2
What does Public Contract Code - PCC § 55523.2 cover?
Section 55523.2 ("Any balance sheet or financial information prepared, retained, or submitted as re") 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 § 55523.2?
A common citation format is "Public Contract Code - PCC § 55523.2" (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 § 55523.2 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.