{"code":"FIN","codeName":"Financial Code","section":"675","citation":"Fin. Code, § 675","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, in the name of the delinquent licensee or in his or her own name, may prosecute and defend any and all actions and other legal proceedings appropriate or necessary to the liquidation of the licensee.</p>","text":"The commissioner, in the name of the delinquent licensee or in his or her own name, may prosecute and defend any and all actions and other legal proceedings appropriate or necessary to the liquidation of the licensee.","otherVersions":[],"url":"https://blackletter.si/financial-code/liquidation-of-an-uninsured-licensee-675","source":"California Legislative Information bulk export (pubinfo)"}