Statute · California Financial Code
Cal. Fin. Code § 645 — Conservatorship of an Uninsured Licensee
Cal. Fin. Code § 645
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2012-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If the commissioner is satisfied that it may be done safely and that it would be in the public interest, he or she may terminate a conservatorship and permit the licensee for whom a conservator was appointed to resume the transaction of its business under the direction of its board, subject to…
Citator
Cal. Fin. Code § 645 — Conservatorship of an Uninsured Licensee is in force in the current edition of the Code, and nothing recorded condemns it.
If the commissioner is satisfied that it may be done safely and that it would be in the public interest, he or she may terminate a conservatorship and permit the licensee for whom a conservator was appointed to resume the transaction of its business under the direction of its board, subject to any terms, conditions, restrictions, and limitations as the commissioner may prescribe.