{"code":"FIN","codeName":"Financial Code","section":"671","citation":"Fin. Code, § 671","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 4. Liquidation of an Uninsured Licensee [670. - 692.]","url":"https://blackletter.si/financial-code/division-1/chapter-7/article-4"}],"history":"Added by Stats. 2011, Ch. 243, Sec. 2.   (SB 664)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>The commissioner may sell any real or personal property of the licensee for cash or on credit and on any other terms and conditions as the commissioner may deem proper, subject to the approval of the court.</p>","text":"The commissioner may sell any real or personal property of the licensee for cash or on credit and on any other terms and conditions as the commissioner may deem proper, subject to the approval of the court.","otherVersions":[],"url":"https://blackletter.si/financial-code/liquidation-of-an-uninsured-licensee-671","source":"California Legislative Information bulk export (pubinfo)"}