BlackletterCalifornia law

Financial Code § 31503

CHAPTER 7. Records, Reports, and Examinations

Current as of September 28, 2026Fin. Code, § 31503Official source ↗

Amended by Stats. 1996, Ch. 1064, Sec. 663. Effective January 1, 1997. Operative July 1, 1997.

The commissioner may by order require a licensee to write down any asset on its books and records to a valuation which represents its then value.