California Statutes

§ 18420.6. — 18420.6. (Added by Stats. 1985, Ch. 140, Sec. 1.)

California § 18420.6.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 7.DIVISION 7. INDUSTRIAL LOAN COMPANIES
Ch. 5.CHAPTER 5. Administration and Powers of the Commissioner
Art. 4.ARTICLE 4. Possession, Conservatorship, and Liquidation by the Commissioner

This text of California § 18420.6. (18420.6. (Added by Stats. 1985, Ch. 140, Sec. 1.)) 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 § 18420.6. (2026).

Text

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.

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Legislative History

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

Nearby Sections

6
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California § 18420.6., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18420.6..