{"code":"FIN","codeName":"Financial Code","section":"643","citation":"Fin. Code, § 643","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 3. Conservatorship of an Uninsured Licensee [640. - 652.]","url":"https://blackletter.si/financial-code/division-1/chapter-7/article-3"}],"history":"Added by Stats. 2011, Ch. 243, Sec. 2.   (SB 664)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>While any licensee is in the hands of a conservator, the commissioner may require the conservator to set aside and make available for withdrawal by customers and for payment to other creditors on a ratable basis such amounts as in the opinion of the commissioner may safely be used for that purpose.</p>","text":"While any licensee is in the hands of a conservator, the commissioner may require the conservator to set aside and make available for withdrawal by customers and for payment to other creditors on a ratable basis such amounts as in the opinion of the commissioner may safely be used for that purpose.","otherVersions":[],"url":"https://blackletter.si/financial-code/conservatorship-of-an-uninsured-licensee-643","source":"California Legislative Information bulk export (pubinfo)"}