Earlier editions: 2020-112018-11
DIVISION 1. FINANCIAL INSTITUTIONS 99-900›CHAPTER 7. Liquidation and Conservation 600-710›ARTICLE 4. Liquidation of an Uninsured Licensee 670-692
§ 691
California Financial Code · 2026 edition · updated 2026-10-04 · California
Whenever this article requires court approval of any step in the liquidation proceedings, approval shall be given after a hearing upon notice as the court may direct. At the hearing, the court may by order approve the actions of the commissioner for which he or she has petitioned the court’s approval or it may, by appropriate order, otherwise direct the commissioner in the matter in connection with which the petition was filed.
(Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)
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