DIVISION 9. CALIFORNIA FINANCING LAW 22000-22780.1›CHAPTER 4. Revocation and Penalties 22700-22780.1›ARTICLE 1. Revocation and Suspension of License 22700-22718
§ 22702
California Financial Code · 2020-11 edition · updated 2026-10-04 · California
In making any examination or investigation, the commissioner may, for a reasonable time not to exceed 30 days, take possession of the books, records, accounts, and other papers pertaining to the business. The commissioner may place a keeper in exclusive charge and custody of the books, records, accounts, and other papers in the office or place where they are usually kept. During possession, no person shall remove or attempt to remove any of the books, accounts, papers, records, files, safes, and vaults, or any part thereof, except in compliance with a court order or written consent of the commissioner.
(Added by Stats. 1994, Ch. 1115, Sec. 2. Effective January 1, 1995. Operative July 1, 1995, by Sec. 5 of Ch. 1115.)
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