Statute · California Financial Code
Cal. Fin. Code § 8228 — Conservatorship
Cal. Fin. Code § 8228
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The directors and officers shall remain in office and the employees shall remain in their respective positions, but the conservator may remove any director, officer, or employee, provided the order of removal of a director or officer shall be approved in writing by the commissioner.
Citator
Cal. Fin. Code § 8228 — Conservatorship is in force in the current edition of the Code, and nothing recorded condemns it.
The directors and officers shall remain in office and the employees shall remain in their respective positions, but the conservator may remove any director, officer, or employee, provided the order of removal of a director or officer shall be approved in writing by the commissioner.