Home/California/Statutes/Code FAC: Food and Agricultural Code - FAC/Div. 20.: DIVISION 20. PROCESSORS, STORERS, DEALERS, AND DISTRIBUTORS OF AGRICULTURAL PRODUCTS/Ch. 7.: CHAPTER 7. Produce Dealers/Art. 6.: ARTICLE 6. Financing Charges and Financial Statements/§ 56253.
California Statutes

§ 56253. — 56253. (Amended by Stats. 1996, Ch. 620, Sec. 16.)

California § 56253.
JurisdictionCalifornia
Code FACFood and Agricultural Code - FAC
Div. 20.DIVISION 20. PROCESSORS, STORERS, DEALERS, AND DISTRIBUTORS OF AGRICULTURAL PRODUCTS
Ch. 7.CHAPTER 7. Produce Dealers
Art. 6.ARTICLE 6. Financing Charges and Financial Statements

This text of California § 56253. (56253. (Amended by Stats. 1996, Ch. 620, Sec. 16.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Food and Agricultural Code - FAC Code § 56253. (2026).

Text

The secretary may require a licensee to file a balance sheet or statement of financial position that presents fairly the financial condition of such licensee. Such financial statement, if not prepared by a public accountant or certified public accountant, shall be on a form prescribed by the secretary and shall be submitted under penalty of perjury. Any balance sheet submitted that does not provide the information required by the secretary shall not meet the requirements of this section. Failure of a licensee to file a financial statement pursuant to this section shall be sufficient grounds for license revocation.

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Legislative History

Amended by Stats. 1996, Ch. 620, Sec. 16. Effective January 1, 1997.
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California § 56253., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FAC/56253..