Statute · California Financial Code

Cal. Fin. Code § 18501 — General

Cal. Fin. Code § 18501

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

The commissioner shall give prompt notice to Guaranty Corporation when the commissioner takes possession of the property and business of a member and shall give further prompt notice when the commissioner determines to liquidate the property and business of a member.

Citator

Cal. Fin. Code § 18501 — General is in force in the current edition of the Code, and nothing recorded condemns it.

The commissioner shall give prompt notice to Guaranty Corporation when the commissioner takes possession of the property and business of a member and shall give further prompt notice when the commissioner determines to liquidate the property and business of a member.