Statute · California Financial Code

Cal. Fin. Code § 8252 — Receivership

Cal. Fin. Code § 8252

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

If the commissioner or a department employee is appointed receiver, no additional compensation shall be paid, but if another person is appointed, then the compensation of the receiver, as determined by the court, shall be paid from the assets of the association.

Citator

Cal. Fin. Code § 8252 — Receivership is in force in the current edition of the Code, and nothing recorded condemns it.

If the commissioner or a department employee is appointed receiver, no additional compensation shall be paid, but if another person is appointed, then the compensation of the receiver, as determined by the court, shall be paid from the assets of the association.