BlackletterCalifornia law

Financial Code § 621

ARTICLE 2. Conservation or Liquidation of an Insured Licensee

Current as of September 28, 2026Fin. Code, § 621Official source ↗

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

The Federal Insurance Agency may be, and act as, a conservator, liquidator, or receiver without bond.