California § 56255 - Every licensee shall prepare and preserve the accounts, records, and memoranda re
Full text of California Public Contract Code - PCC § 56255 — Every licensee shall prepare and preserve the accounts, records, and memoranda re, with citation guidance and answers to common questions.
§ 56255. Every licensee shall prepare and preserve the accounts, records, and memoranda re
(a) Every licensee shall prepare and preserve the accounts, records, and memoranda required by this chapter which shall fully and correctly disclose all transactions involved in his business. Licensees shall keep records which are adapted to the particular business that the licensee is conducting and in each case such records shall fully disclose all transactions in the business in sufficient detail as to be readily understood and audited. Minimum records required under this chapter are: 1. A record of cash received. 2. A record of cash disbursed. 3. A general ledger or its equivalent. 4. A record of amounts due California producers. 5. A record of amounts due others. (b) Every licensee shall prepare and preserve records and memoranda required by this chapter which shall fully and correctly disclose the true ownership and management of such business. (c) All records required to be kept under this chapter shall be kept for a period of four years.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 56255
What does Public Contract Code - PCC § 56255 cover?
Section 56255 ("Every licensee shall prepare and preserve the accounts, records, and memoranda 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 § 56255?
A common citation format is "Public Contract Code - PCC § 56255" (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 § 56255 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.