California § 851 - The commissioner shall examine such application, and shall make such further inve
Full text of California Public Contract Code - PCC § 851 — The commissioner shall examine such application, and shall make such further inve, with citation guidance and answers to common questions.
§ 851. The commissioner shall examine such application, and shall make such further inve
The commissioner shall examine such application, and shall make such further investigation of the applicant and its affairs as he deems advisable. He shall issue the certificate if, from such examination, the commissioner is satisfied that: (a) The business reputation of the applicant and, in the case of a firm or corporation, its officers or members, is good. (b) The sale of the securities proposed to be sold by it would not be unfair, unjust or inequitable to the purchasers thereof. (c) Neither it nor its officers or members have violated any of the provisions of this article. (d) Neither it nor its officers or members have engaged or are about to engage in any fraudulent transaction. Otherwise, he shall deny the application and notify the applicant of his decision. Where a hearing is held under this section the proceedings shall be conducted in accordance with Chapter 5 of Part 1 of Division 3 of Title 2 of the Government Code, and the commissioner shall have all the powers granted therein.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 851
What does Public Contract Code - PCC § 851 cover?
Section 851 ("The commissioner shall examine such application, and shall make such further inve") 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 § 851?
A common citation format is "Public Contract Code - PCC § 851" (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 § 851 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.