{"code":"FIN","codeName":"Financial Code","section":"336","citation":"Fin. Code, § 336","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. FINANCIAL INSTITUTIONS [99. - 900.]","url":"https://blackletter.si/financial-code/division-1"},{"name":"CHAPTER 3. Department of Financial Protection and Innovation [300. - 414.]","url":"https://blackletter.si/financial-code/division-1/chapter-3"},{"name":"ARTICLE 2. Commissioner of Financial Protection and Innovation [320. - 338.]","url":"https://blackletter.si/financial-code/division-1/chapter-3/article-2"}],"history":"Added by Stats. 2011, Ch. 243, Sec. 2.   (SB 664)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>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.</p>","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.","otherVersions":[],"url":"https://blackletter.si/financial-code/commissioner-of-financial-protection-and-innovation-336","source":"California Legislative Information bulk export (pubinfo)"}