California § 18425.14. 18425.14. (Added by Stats. 1985, Ch. 140, Sec. 1.)

California Statutes

§ 18425.14. — 18425.14. (Added by Stats. 1985, Ch. 140, Sec. 1.)

California § 18425.14.

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 § 18425.14. (18425.14. (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 § 18425.14. (2026).

Text

When the liquidator has fully liquidated all claims other than claims of stockholders, made due provision for any and all known but unclaimed liabilities, excepting claims of stockholders, and paid all expenses of liquidation, the liquidator may file an application for an order for the liquidation of a domestic corporation, or at any time thereafter, the commissioner may apply for, and the court shall make, an order dissolving the corporation.

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When the liquidator has fully liquidated all claims other than claims of stockholders, made due provision for any and all known but unclaimed liabilities, excepting claims of stockholders, and paid all expenses of liquidation, the liquidator may file an application for an order for the liquidation of a domestic corporation, or at any time thereafter, the commissioner may apply for, and the court shall make, an order dissolving the corporation.