CHAPTER 8. Voluntary Liquidation [720. - 721.]

Chapter 8 added by Stats. 2011, Ch. 243, Sec. 2.

§§ 720–721 · 2 sections

• § 720 Any licensee that voluntarily has ceased to do the business for which it is licensed shall immediately notify the commissioner and proceed to liquidate its…
• § 721 If the licensee referred to in Section 720 is a state-chartered credit union and the commissioner has taken possession of the business and property of the…