California § 821
Full text of California Public Contract Code - PCC § 821, with citation guidance and answers to common questions.
§ 821.
âSecurityâ means every instrument commonly known by that term, except: (a) Commercial paper when issued, given or acquired in a bona fide way in the ordinary course of legitimate business, trade or commerce. (b) Promissory notes, whether secured or unsecured, if not offered to the public, and if not sold to an underwriter of the sale for the purpose of resale. (c) Mortgage participation certificates issued under and in accordance with the provisions of Chapter 2, Part 6, Division 2. (d) Policies of insurance issued by an insurer.
Frequently Asked Questions About California § 821
What does Public Contract Code - PCC § 821 cover?
Section 821 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 § 821?
A common citation format is "Public Contract Code - PCC § 821" (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 § 821 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.