Ca_Law

statute | California

Financial Code - FIN - FIN § 17628

Summary

When the commissioner takes possession of the business, property, and assets of a licensee, he may appoint a custodian. The commissioner may require a good and sufficient bond from the custodian and place him in charge as his representative.

Text

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  • #1 | Financial Code - FIN - FIN § 17628

    When the commissioner takes possession of the business, property, and assets of a licensee, he may appoint a custodian. The commissioner may require a good and sufficient bond from the custodian and place him in charge as his representative.