BlackletterCalifornia law

Financial Code § 8227

ARTICLE 6. Conservatorship

Current as of September 28, 2026Fin. Code, § 8227Official source ↗

Amended by Stats. 1984, Ch. 868, Sec. 17.5.

Except as authorized by the commissioner, the conservator shall not retain special counsel or other experts, incur any expense other than normal operating expenses, or liquidate assets except in the ordinary course of operations.