BlackletterCalifornia law

Financial Code § 17642

ARTICLE 3. Liquidation by the Commissioner

Current as of September 28, 2026Fin. Code, § 17642Official source ↗

Added by Stats. 1963, Ch. 2130.

When the commissioner determines to liquidate a licensee, he shall cause an inventory of all the assets of the licensee to be made in duplicate, file the original with the court, and file the duplicate in his office.