California § 650. 650. (Added by Stats. 2011, Ch. 243, Sec. 2.)

California Statutes

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

California § 650.

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 § 650. (650. (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 § 650. (2026).

Text

No plan of reorganization shall become effective until the commissioner finds that the plan is fair and equitable to all customers, creditors, and stockholders, if applicable, and is in the public interest and until the commissioner approves the same in writing, subject to any conditions, restrictions, and limitations as the commissioner may prescribe.

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