§ 15259
52 words·~1 min read·
/ca/financial-code/15259A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
At any time during the liquidation process, the committee or the liquidating agent in charge of liquidation may be relieved of their duties at the discretion of the commissioner and the commissioner shall thereafter act as the liquidating agent or appoint a liquidating agent to complete the dissolution of the credit union.