BlackletterCalifornia law

Financial Code § 595

ARTICLE 5. Suspension or Possession of a License

Current as of September 28, 2026Fin. Code, § 595Official source ↗Ask about this

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

The commissioner is deemed to take possession of the entire property and business of a licensee when the commissioner takes possession of the business and property of the head office of the licensee.