Cal. Fin. Code § 18420.6

Current through the 2023 Legislative Session.

Section 18420.6 - Termination of appointment of conservator or liquidator

The commissioner shall have the authority to terminate the appointment of a conservator or liquidator whenever the commissioner deems it in the best interest of the company, its creditors, and investors. The commissioner shall file a copy of the notice of termination with the court.

Ca. Fin. Code § 18420.6

Added by Stats. 1985, Ch. 140, Sec. 1. Effective July 1, 1985.