Statute · California Financial Code
Cal. Fin. Code § 650 — Conservatorship of an Uninsured Licensee
Cal. Fin. Code § 650
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2012-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
No plan of reorganization shall become effective until the commissioner finds that the plan is fair and equitable to all customers, creditors, and stockholders, if applicable, and is in the public interest and until the commissioner approves the same in writing, subject to any conditions,…
Citator
Cal. Fin. Code § 650 — Conservatorship of an Uninsured Licensee is in force in the current edition of the Code, and nothing recorded condemns it.
No plan of reorganization shall become effective until the commissioner finds that the plan is fair and equitable to all customers, creditors, and stockholders, if applicable, and is in the public interest and until the commissioner approves the same in writing, subject to any conditions, restrictions, and limitations as the commissioner may prescribe.