California § 838.5 - Pursuant to this code, the commissioner has been and is authorized, in the instan
Full text of California Public Contract Code - PCC § 838.5 — Pursuant to this code, the commissioner has been and is authorized, in the instan, with citation guidance and answers to common questions.
§ 838.5. Pursuant to this code, the commissioner has been and is authorized, in the instan
Pursuant to this code, the commissioner has been and is authorized, in the instance of an application for a permit to issue securities in exchange for one or more bona fide outstanding securities, claims or property interest, or partly in such exchange and partly for cash, to approve the terms and conditions of such issuance and exchange and the fairness of such terms and conditions, after a hearing upon the fairness of such terms and conditions, to which all persons to whom it is proposed to issue securities in such exchange shall have the right to appear.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 838.5
What does Public Contract Code - PCC § 838.5 cover?
Section 838.5 ("Pursuant to this code, the commissioner has been and is authorized, in the instan") 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 § 838.5?
A common citation format is "Public Contract Code - PCC § 838.5" (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 § 838.5 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.