Statute · California Financial Code

Cal. Fin. Code § 18425.17 — Possession, Conservatorship, and Liquidation by the Commissioner

Cal. Fin. Code § 18425.17

Type
Statute
Source
California Financial Code
Jurisdiction
California
Date
1985-07-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The order of the court approving the final statement on liquidation shall provide for the destruction or other disposition of the books and records of the company or pertaining to the liquidation of the company, and the court may declare the company dissolved as a corporation. The liquidator…

Citator

Cal. Fin. Code § 18425.17 — Possession, Conservatorship, and Liquidation by the Commissioner is in force in the current edition of the Code, and nothing recorded condemns it.

The order of the court approving the final statement on liquidation shall provide for the destruction or other disposition of the books and records of the company or pertaining to the liquidation of the company, and the court may declare the company dissolved as a corporation. The liquidator shall file a copy of the order of dissolution with the Secretary of State.