California § 55523.4 - If at any time the secretary has cause or reason to believe that any applicant or
Full text of California Public Contract Code - PCC § 55523.4 — If at any time the secretary has cause or reason to believe that any applicant or, with citation guidance and answers to common questions.
§ 55523.4. If at any time the secretary has cause or reason to believe that any applicant or
If at any time the secretary has cause or reason to believe that any applicant or licensee is in an unsound financial condition so as to impair his or her ability to pay farm products creditors in full for farm products received or handled, or for any reason the secretary deems advisable, the secretary may require an applicant or licensee to file with him or her a balance sheet or statement of financial position that presents fairly the financial condition of the licensee. The financial statement, if not prepared by a public accountant or certified public accountant, shall be on a form prescribed by the secretary and shall be submitted under penalty of perjury. Any balance sheet submitted that does not provide the information required by the secretary may be rejected until the information is provided.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 55523.4
What does Public Contract Code - PCC § 55523.4 cover?
Section 55523.4 ("If at any time the secretary has cause or reason to believe that any applicant or") 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 § 55523.4?
A common citation format is "Public Contract Code - PCC § 55523.4" (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 § 55523.4 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.