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/§ 688.
California Statutes

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

California § 688.
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 § 688. (688. (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 § 688. (2026).

Text

On the last day fixed in the notice for the removal of the property or on the date when the property is removed or the box surrendered, any contract between the person owning the property or holding the box and the licensee shall cease and the amount of the unearned prepaid rent or charges, if any, shall become a debt of the licensee to the person.

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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 § 688., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/688..