California Code § 5054
California Code § 5054. Reproduced from the official Public Contract Code - PCC, with a citation summary, verification link, and related provisions.
§ 5054.
âIncentive and benefit plans,â as used in Section 5140, in Section 7140, and in Section 9140 includes, but is not limited to, any plan or agreement under which the compensation of officers or employees is fixed, in full or in part, by reference to the financial performance of the corporation.
Source: official California text · Last verified 2026-08-27
At a glance
- Citation: Public Contract Code - PCC § 5054
- 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 § 5054?
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 § 5054 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 § 5054 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Statutes are amended, repealed, and renumbered every session.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.