Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 6.: DIVISION 6. ESCROW AGENTS/Ch. 6.: CHAPTER 6. Liquidation and Conservatorship/Art. 3.: ARTICLE 3. Liquidation by the Commissioner/§ 17639.
California Statutes

§ 17639. — 17639. (Added by Stats. 1963, Ch. 2130.)

California § 17639.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 6.DIVISION 6. ESCROW AGENTS
Ch. 6.CHAPTER 6. Liquidation and Conservatorship
Art. 3.ARTICLE 3. Liquidation by the Commissioner

This text of California § 17639. (17639. (Added by Stats. 1963, Ch. 2130.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Financial Code - FIN Code § 17639. (2026).

Text

After the issuance of an order of liquidation under Section 17635, any of the following transactions occurring within four months prior to the application for such order shall be voidable by the commissioner if such transaction has the effect of giving to or enabling any creditor of the licensee to obtain a preference over any other creditor, or to obtain a greater percentage of his debt than any other creditor:

(a)A transfer of property of the licensee.
(b)The creation of a lien upon the property of the licensee.
(c)The suffering of a judgment against such person.

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Legislative History

Added by Stats. 1963, Ch. 2130.
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Bluebook (online)
California § 17639., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/17639..