Cal. Fin. Code § 603

Current through the 2024 Legislative Session.

Section 603 - Commission may proceed to liquidate or conserve licensee upon taking possession

Upon taking possession of the property and business of any licensee pursuant to Section 592, the commissioner may proceed to liquidate or conserve the licensee in the manner provided by this article.

Ca. Fin. Code § 603

Added by Stats 2011 ch 243 (SB 664),s 2, eff. 1/1/2012.