ARTICLE 1. General Provisions [600. - 609.]
Article 1 added by Stats. 2011, Ch. 243, Sec. 2.
§§ 600–609 · 10 sections
- § 600 In this chapter, “Federal Insurance Agency” means the Federal Deposit Insurance Corporation or the National Credit Union Administration, as appropriate, or…
- § 601 Upon taking possession of the property and business of any licensee, the commissioner has authority, and it is his or her duty, to collect all moneys due to…
- § 602 No attachment shall be issued against the property of any licensee subject to conservation or liquidation pursuant to this article.
- § 603 Upon taking possession of the property and business of any licensee pursuant to Section 592, the commissioner may proceed to liquidate or conserve the licensee…
- § 604 Upon taking possession of the property and business of a licensee pursuant to Section 592, the commissioner may tender to any person or persons an appointment…
- § 605 The commissioner shall supervise the acts of the conservator, liquidator, receiver, or liquidating committee appointed under this article and may remove the…
- § 606 If required by the commissioner, the conservator, liquidator, receiver, or members of the liquidating committee appointed under this article shall provide…
- § 607 (a) If the commissioner retains possession of the assets of the licensee for the purpose of liquidation or conservation, the commissioner shall, to the extent…
- § 608 The compensation of civil service employees, special deputies, counsel, and other employees and assistants appointed to assist in the conservation or…
- § 609 If a licensee is not insured by a Federal Insurance Agency, upon the commissioner taking possession of the business and property of the licensee, the superior…