Financial Code § 606

ARTICLE 1. General Provisions

Current as of September 28, 2026Fin. Code, § 606Official source ↗

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

If required by the commissioner, the conservator, liquidator, receiver, or members of the liquidating committee appointed under this article shall provide proof of bond coverage that extends to the conservator, liquidator, receiver, or members of the liquidating committee. The bond shall include fraud, dishonesty, and faithful performance coverage. The premium for that bond shall be paid out of the assets of the licensee.