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Cal. Rev. & Tax. Code § 12493

Effect of Tax

Repealed (in Sec. 84) and added by Stats. 2013, Ch. 33, Sec. 85

(a) Every lien has the effect of an execution duly levied against all property of a delinquent insurer or surplus line broker.

(b) This section shall become operative on July 1, 2013.

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