Statute · California Financial Code
Cal. Fin. Code § 18415.4 — Possession, Conservatorship, and Liquidation by the Commissioner
Cal. Fin. Code § 18415.4
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1985-07-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The commissioner may also, upon the request of the board of directors of a company, take possession of the property and business of a company and as conservator, take such action as the commissioner deems proper.
Citator
Cal. Fin. Code § 18415.4 — Possession, Conservatorship, and Liquidation by the Commissioner is in force in the current edition of the Code, and nothing recorded condemns it.
The commissioner may also, upon the request of the board of directors of a company, take possession of the property and business of a company and as conservator, take such action as the commissioner deems proper.