Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 1.: DIVISION 1. FINANCIAL INSTITUTIONS/Ch. 7.: CHAPTER 7. Liquidation and Conservation/Art. 4.: ARTICLE 4. Liquidation of an Uninsured Licensee/§ 676.
California Statutes

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

California § 676.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 1.DIVISION 1. FINANCIAL INSTITUTIONS
Ch. 7.CHAPTER 7. Liquidation and Conservation
Art. 4.ARTICLE 4. Liquidation of an Uninsured Licensee

This text of California § 676. (676. (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 § 676. (2026).

Text

The commissioner from time to time shall deposit all moneys coming into his or her hands in the course of the liquidation of the licensee in one or more state banks or state credit unions and in the event of the suspension or insolvency of the depositary shall be preferred before all other deposits.

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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 § 676., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/676..