Statute · California Financial Code

Cal. Fin. Code § 17634 — Conservatorship

Cal. Fin. Code § 17634

Type
Statute
Source
California Financial Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

If the commissioner becomes satisfied that it may be done safely and in the public interest, he may terminate the conservatorship and permit the licensee for which a conservator was appointed to resume its business under direction of its board of directors, subject to such terms, conditions,…

Citator

Cal. Fin. Code § 17634 — Conservatorship is in force in the current edition of the Code, and nothing recorded condemns it.

If the commissioner becomes satisfied that it may be done safely and in the public interest, he may terminate the conservatorship and permit the licensee for which a conservator was appointed to resume its business under direction of its board of directors, subject to such terms, conditions, restrictions and limitations as he may prescribe.