California § 5971 - In selecting any person to provide underwriting services, including financial, ad
Full text of California Public Contract Code - PCC § 5971 — In selecting any person to provide underwriting services, including financial, ad, with citation guidance and answers to common questions.
§ 5971. In selecting any person to provide underwriting services, including financial, ad
In selecting any person to provide underwriting services, including financial, advisory or other financial services, involving the issuance of securities, the state or the legislative body of any local governmental entity may consider, among other things, prior conduct of the person, or any employee of the person, including, but not limited to, acts constituting fraud or a violation of state or federal securities law and that resulted in the issuance by, or on behalf of, a governmental regulatory agency of a cease and desist order, a preliminary injunction that has not been dissolved by court order or replaced by a permanent injunction or a permanent injunction, censure, or any other administrative or judicial enforcement order.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 5971
What does Public Contract Code - PCC § 5971 cover?
Section 5971 ("In selecting any person to provide underwriting services, including financial, ad") 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 § 5971?
A common citation format is "Public Contract Code - PCC § 5971" (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 § 5971 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.