2009 California Financial Code - Section 33000-33007 :: Article 1. Short Title, Construction, And Severability

33000.  This division shall be known and may be cited as the
"Payment Instruments Law".

33001.  This division shall be liberally construed to accomplish its
purposes.

33002.  In this division, unless otherwise expressly provided:
   (a) A reference to a statute or to a regulation includes such
statute or regulation as amended, whether before or after the
effective date of this division, as well as any new statute or
regulation substituted for such statute or regulation after the
effective date of this division.
   (b) A reference to a governmental agency or to a public officer
includes any governmental agency or public officer which succeeds
after the effective date of this division to substantially the same
functions as those performed by such governmental agency or public
officer on the effective date of this division.

33003.  In this division, unless otherwise expressly provided,
references to financial statements and references to assets,
liabilities, income, shareholders' equity, and similar accounting
terms mean such financial statements and such accounting terms
prepared or determined in conformity with generally accepted
accounting principles then applicable, fairly presenting in
conformity with generally accepted accounting principles the matters
which they purport to present, subject to any specific accounting
treatment required by any provision of this division or of any
regulation or order issued under this division.

33004.  In this division, unless otherwise expressly provided,
references to corporations or to aspects of corporations apply to all
types of corporations, whether for profit, nonprofit, or of any
other type. References in this division to corporations and to
aspects of corporations are set forth in terms appropriate to profit
corporations. However, whenever any reference in this division to a
corporation or to an aspect of a corporation is applicable to a type
of corporation other than a corporation for profit, if the term of
such reference is not appropriate to such type of corporation, such
term of reference shall be construed to be the closest equivalent
term of reference appropriate to such type of corporation.

33005.  Any condition, stipulation, or provision purporting to bind
any purchaser or holder of a payment instrument issued by a licensee
to waive compliance with any provision of this division or of any
regulation or order issued under this division is void.

33006.  No provision of this division imposing any liability or
sanction applies to any act committed in good faith in conformity
with any regulation, order, or written interpretive opinion of the
commissioner or any such opinion of the Attorney General,
notwithstanding that such regulation, order, or written interpretive
opinion may later be amended, rescinded, or repealed or be determined
by judicial or other authority to be invalid for any reason.

33007.  If any provision of this division or the application thereof
to any person or circumstances is held invalid, illegal, or
unenforceable, such invalidity, illegality, or unenforceability shall
not affect other provisions or applications of this division which
can be given effect without the invalid, illegal, or unenforceable
provision or application, and to this end, the provisions of this
division are declared to be severable.