DIVISION 1. FINANCIAL INSTITUTIONS 99-819›CHAPTER 3. Department of Business Oversight 300-414›ARTICLE 3. Deputies and Employees 350-357

§ 357

California Financial Code · 2020-11 edition · updated 2026-10-04 · California

If a deputy commissioner or any examiner has knowledge of the insolvency or unsafe condition of any licensee and willfully fails to report that fact to the commissioner in writing, he or she is guilty of a felony.

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

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California Financial Code

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