DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 7. Supervision 8009-8254›ARTICLE 6. Conservatorship 8225-8230

§ 8227

California Financial Code · 2018-11 edition · updated 2026-10-04 · California

Except as authorized by the commissioner, the conservator shall not retain special counsel or other experts, incur any expense other than normal operating expenses, or liquidate assets except in the ordinary course of operations.

(Amended by Stats. 1984, Ch. 868, Sec. 17.5.)

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California Financial Code

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