{"code":"FIN","codeName":"Financial Code","section":"686","citation":"Fin. Code, § 686","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>All approved claims of customers and other creditors shall bear interest at the rate provided by law on judgments from the date that the commissioner takes possession of the property and business of the licensee.</p>","text":"All approved claims of customers and other creditors shall bear interest at the rate provided by law on judgments from the date that the commissioner takes possession of the property and business of the licensee.","otherVersions":[],"url":"https://blackletter.si/financial-code/liquidation-of-an-uninsured-licensee-686","source":"California Legislative Information bulk export (pubinfo)"}