statute | California
Financial Code - FIN - FIN § 336
Summary
The commissioner may, at any time, require a licensee to write down any asset held by the licensee to a valuation that will represent the asset’s then fair market value.
Text
The commissioner may, at any time, require a licensee to write down any asset held by the licensee to a valuation that will represent the asset’s then fair market value.
Retrieval chunks
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#1 | Financial Code - FIN - FIN § 336
The commissioner may, at any time, require a licensee to write down any asset held by the licensee to a valuation that will represent the asset’s then fair market value.