Financial Code § 671

ARTICLE 4. Liquidation of an Uninsured Licensee

Current as of September 28, 2026Fin. Code, § 671Official source ↗

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

The commissioner may sell any real or personal property of the licensee for cash or on credit and on any other terms and conditions as the commissioner may deem proper, subject to the approval of the court.