{"code":"FIN","codeName":"Financial Code","section":"604","citation":"Fin. Code, § 604","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 7. Liquidation and Conservation [600. - 710.]","url":"https://blackletter.si/financial-code/division-1/chapter-7"},{"name":"ARTICLE 1. General Provisions [600. - 609.]","url":"https://blackletter.si/financial-code/division-1/chapter-7/article-1"}],"history":"Added by Stats. 2011, Ch. 243, Sec. 2.   (SB 664)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>Upon taking possession of the property and business of a licensee pursuant to Section <a href=\"/fin/592\">592</a>, the commissioner may tender to any person or persons an appointment as conservator, liquidator, receiver, or liquidating committee of the licensee.</p>","text":"Upon taking possession of the property and business of a licensee pursuant to Section 592, the commissioner may tender to any person or persons an appointment as conservator, liquidator, receiver, or liquidating committee of the licensee.","otherVersions":[],"url":"https://blackletter.si/financial-code/general-provisions-604","source":"California Legislative Information bulk export (pubinfo)"}