BlackletterCalifornia law

Financial Code § 18425.11

ARTICLE 4. Possession, Conservatorship, and Liquidation by the Commissioner

Current as of September 28, 2026Fin. Code, § 18425.11Official source ↗Ask about this

Added by Stats. 1985, Ch. 140, Sec. 1. Effective July 1, 1985.

Whenever the commissioner determines to liquidate a company, the commissioner shall cause an inventory of all the assets of the company to be made in duplicate, file the original with the court, and file the duplicate in the commissioner’s office.