DIVISION 6. ESCROW AGENTS 17000-17703›CHAPTER 6. Liquidation and Conservatorship 17621-17654›ARTICLE 3. Liquidation by the Commissioner 17635-17654

§ 17648

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

If it appears improbable that anything can be realized from any property of the licensee and that the cost of maintaining, preserving, or protecting the property would probably be lost, the court may direct the commissioner to abandon the property.

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

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California Financial Code

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