Statute · California Financial Code

Cal. Fin. Code § 17636 — Liquidation by the Commissioner

Cal. Fin. Code § 17636

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

Whenever the commissioner has taken possession of the property and business of a licensee he may petition the superior court for the appointment of a receiver to liquidate the affairs of the licensee.

Citator

Cal. Fin. Code § 17636 — Liquidation by the Commissioner is in force in the current edition of the Code, and nothing recorded condemns it.

Whenever the commissioner has taken possession of the property and business of a licensee he may petition the superior court for the appointment of a receiver to liquidate the affairs of the licensee.