California § 691. 691. (Added by Stats. 2011, Ch. 243, Sec. 2.)

California Statutes

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

California § 691.

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 § 691. (691. (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 § 691. (2026).

Text

Whenever this article requires court approval of any step in the liquidation proceedings, approval shall be given after a hearing upon notice as the court may direct. At the hearing, the court may by order approve the actions of the commissioner for which he or she has petitioned the court’s approval or it may, by appropriate order, otherwise direct the commissioner in the matter in connection with which the petition was filed.

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Whenever this article requires court approval of any step in the liquidation proceedings, approval shall be given after a hearing upon notice as the court may direct. At the hearing, the court may by order approve the actions of the commissioner for which he or she has petitioned the court’s approval or it may, by appropriate order, otherwise direct the commissioner in the matter in connection with which the petition was filed.

Legislative History

Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.

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California § 691., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/691..