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Cal. Fin. Code § 671

Liquidation of an Uninsured Licensee

Added by Stats. 2011, Ch. 243, Sec. 2

The commissioner may sell any real or personal property of the licensee for cash or on credit and on any other terms and conditions as the commissioner may deem proper, subject to the approval of the court.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.