Home/California/Statutes/Code FIN: Financial 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/§ 18425.12.
California Statutes

§ 18425.12. — 18425.12. (Added by Stats. 1985, Ch. 140, Sec. 1.)

California § 18425.12.
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 § 18425.12. (18425.12. (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 § 18425.12. (2026).

Text

If it appears improbable that anything can be realized from any property of the company and that the cost of maintaining, preserving, or protecting the property would probably be lost, the court may direct the liquidator to abandon the property.

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Legislative History

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

Nearby Sections

15
§ 18425.
18425. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.1.
18425.1. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.10.
18425.10. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.11.
18425.11. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.12.
18425.12. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.13.
18425.13. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.14.
18425.14. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.15.
18425.15. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.16.
18425.16. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.17.
18425.17. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.2.
18425.2. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.3.
18425.3. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.4.
18425.4. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.5.
18425.5. (Added by Stats. 1985, Ch. 140, Sec. 1.)
§ 18425.6.
18425.6. (Added by Stats. 1985, Ch. 140, Sec. 1.)
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California § 18425.12., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18425.12..