§ 17628

California Financial Code · 2026 edition · updated 2026-10-04 · California

When the commissioner takes possession of the business, property, and assets of a licensee, he may appoint a custodian. The commissioner may require a good and sufficient bond from the custodian and place him in charge as his representative.

(Added by Stats. 1963, Ch. 2130.)

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California Financial Code

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