statute | California
Financial Code - FIN - FIN § 31503
Summary
The commissioner may by order require a licensee to write down any asset on its books and records to a valuation which represents its then value.
Text
The commissioner may by order require a licensee to write down any asset on its books and records to a valuation which represents its then value.
Retrieval chunks
-
#1 | Financial Code - FIN - FIN § 31503
The commissioner may by order require a licensee to write down any asset on its books and records to a valuation which represents its then value.