{"code":"FIN","codeName":"Financial Code","section":"18501","citation":"Fin. Code, § 18501","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000. - 18707.]","url":"https://blackletter.si/financial-code/division-7"},{"name":"CHAPTER 7. Guarantee of Thrift Accounts [18475. - 18538.]","url":"https://blackletter.si/financial-code/division-7/chapter-7"},{"name":"ARTICLE 2. General [18490. - 18512.]","url":"https://blackletter.si/financial-code/division-7/chapter-7/article-2"}],"history":"Added by Stats. 1976, Ch. 964.","effective":null,"html":"<p>The commissioner shall give prompt notice to Guaranty Corporation when the commissioner takes possession of the property and business of a member and shall give further prompt notice when the commissioner determines to liquidate the property and business of a member.</p>","text":"The commissioner shall give prompt notice to Guaranty Corporation when the commissioner takes possession of the property and business of a member and shall give further prompt notice when the commissioner determines to liquidate the property and business of a member.","otherVersions":[],"url":"https://blackletter.si/financial-code/general-18501","source":"California Legislative Information bulk export (pubinfo)"}