California § 18425.2. 18425.2. (Added by Stats. 1985, Ch. 140, Sec. 1.)

California Statutes

§ 18425.2. — 18425.2. (Added by Stats. 1985, Ch. 140, Sec. 1.)

California § 18425.2.

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 § 18425.2. (18425.2. (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 § 18425.2. (2026).

Text

All claims, demands, or causes of action of creditors, and persons other than investors against any property owned or held by it in trust, or otherwise, must be presented to the liquidator in writing, verified by the claimant, or someone on his or her behalf, within the period specified in the notice for the presentation of claims, whether or not an action is pending to enforce any such claim or demand. The liquidator shall not approve any claim not so presented, and any such claim, demand, or cause of action not so presented is forever barred.

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All claims, demands, or causes of action of creditors, and persons other than investors against any property owned or held by it in trust, or otherwise, must be presented to the liquidator in writing, verified by the claimant, or someone on his or her behalf, within the period specified in the notice for the presentation of claims, whether or not an action is pending to enforce any such claim or demand. The liquidator shall not approve any claim not so presented, and any such claim, demand, or cause of action not so presented is forever barred.