California Code § 2510
California Code § 2510. Reproduced from the official Public Contract Code - PCC, with a citation summary, verification link, and related provisions.
§ 2510.
âSocial purpose corporation subject to the Banking Lawâ means any of the following: (a) A social purpose corporation that, with the approval of the Commissioner of Financial Protection and Innovation, is incorporated for the purpose of engaging in, or that is authorized by the Commissioner of Financial Protection and Innovation to engage in, the commercial banking business under the Banking Law (Division 1.1 (commencing with Section 1000) of the Financial Code). (b) Any social purpose corporation that, with the approval of the Commissioner of Financial Protection and Innovation, is incorporated for the purpose of engaging in, or that is authorized by the Commissioner of Financial Protection and Innovation to engage in, the industrial banking business under the Banking Law (Division 1.1 (commencing with Section 1000) of the Financial Code). (c) Any social purpose corporation, other than a social purpose corporation described in subdivision (d), that, with the approval of the Commissioner of Financial Protection and Innovation, is incorporated for the purpose of engaging in, or that is authorized by the Commissioner of Financial Protection and Innovation to engage in, the trust business under the Banking Law (Division 1.1 (commencing with Section 1000) of the Financial Code). (d) Any social purpose corporation that is authorized by the Commissioner of Financial Protection and Innovation and the Commissioner of Insurance to maintain a title insurance department to engage in title insurance business and a trust department to engage in trust business. (e) Any social purpose corporation that, with the approval of the Commissioner of Financial Protection and Innovation, is incorporated for the purpose of engaging in, or that is authorized by the Commissioner of Financial Protection and Innovation to engage in, business under Article 1 (commencing with Section 1850) of Chapter 21 of Division 1.1 of the Financial Code.
Source: official California text · Last verified 2026-08-27
At a glance
- Citation: Public Contract Code - PCC § 2510
- Jurisdiction: California
- Code: Public Contract Code - PCC
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Public Contract Code - PCC. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed California attorney.
Common questions
What is the source of Public Contract Code - PCC § 2510?
The text above is transcribed from the Public Contract Code - PCC, the codified statutes of California. The official publisher link appears under "Verify the text" on this page.
What subject does Public Contract Code - PCC § 2510 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Public Contract Code - PCC § 2510 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official California source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying California law to your facts requires a licensed California attorney who can review the specifics.