Statute · California Financial Code
Cal. Fin. Code § 18420.7 — Possession, Conservatorship, and Liquidation by the Commissioner
Cal. Fin. Code § 18420.7
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1985-07-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The commissioner may require a conservator or liquidator to provide such bond as the commissioner deems proper. The conservator or liquidator shall receive a salary, fixed by the commissioner, in an amount no greater than that which would be paid by the commissioner to a special deputy…
Citator
Cal. Fin. Code § 18420.7 — 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 require a conservator or liquidator to provide such bond as the commissioner deems proper. The conservator or liquidator shall receive a salary, fixed by the commissioner, in an amount no greater than that which would be paid by the commissioner to a special deputy commissioner in charge of the liquidation of the company.