Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 1.: DIVISION 1. FINANCIAL INSTITUTIONS/Ch. 7.: CHAPTER 7. Liquidation and Conservation/Art. 3.: ARTICLE 3. Conservatorship of an Uninsured Licensee/§ 643.
California Statutes

§ 643. — 643. (Added by Stats. 2011, Ch. 243, Sec. 2.)

California § 643.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 1.DIVISION 1. FINANCIAL INSTITUTIONS
Ch. 7.CHAPTER 7. Liquidation and Conservation
Art. 3.ARTICLE 3. Conservatorship of an Uninsured Licensee

This text of California § 643. (643. (Added by Stats. 2011, Ch. 243, Sec. 2.)) 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 § 643. (2026).

Text

While any licensee is in the hands of a conservator, the commissioner may require the conservator to set aside and make available for withdrawal by customers and for payment to other creditors on a ratable basis such amounts as in the opinion of the commissioner may safely be used for that purpose.

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Legislative History

Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.
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California § 643., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/643..