{"code":"FIN","codeName":"Financial Code","section":"621","citation":"Fin. Code, § 621","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 2. Conservation or Liquidation of an Insured Licensee [620. - 624.]","url":"https://blackletter.si/financial-code/division-1/chapter-7/article-2"}],"history":"Added by Stats. 2011, Ch. 243, Sec. 2.   (SB 664)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>The Federal Insurance Agency may be, and act as, a conservator, liquidator, or receiver without bond.</p>","text":"The Federal Insurance Agency may be, and act as, a conservator, liquidator, or receiver without bond.","otherVersions":[],"url":"https://blackletter.si/financial-code/conservation-or-liquidation-of-an-insured-licensee-621","source":"California Legislative Information bulk export (pubinfo)"}