BlackletterCalifornia law

Financial Code § 595

ARTICLE 5. Suspension or Possession of a License

Current as of September 28, 2026Fin. Code, § 595Official source ↗

Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.

The commissioner is deemed to take possession of the entire property and business of a licensee when the commissioner takes possession of the business and property of the head office of the licensee.