California § 582 - If the commissioner finds that a subject institution
Full text of California Public Contract Code - PCC § 582 — If the commissioner finds that a subject institution, with citation guidance and answers to common questions.
§ 582. If the commissioner finds that a subject institution
If the commissioner finds that a subject institutionâs books or records are so incomplete or inaccurate that the commissioner is unable through the normal supervisory process to determine the financial condition of the subject institution or the details or purpose of any transaction or transactions that may materially affect the financial condition of the subject institution, the commissioner may, without any prior notice or hearing, order the subject institution to do either of the following: (a) Cease any activity or practice that gave rise, in whole or in part, to the incomplete or inaccurate state of the books or records. (b) Take affirmative action to restore the books or records to a complete and accurate state.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 582
What does Public Contract Code - PCC § 582 cover?
Section 582 ("If the commissioner finds that a subject institution") 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 § 582?
A common citation format is "Public Contract Code - PCC § 582" (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 § 582 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.