§ 17628
39 words·~1 min read·
/ca/financial-code/17628A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When the commissioner takes possession of the business, property, and assets of a licensee, he may appoint a custodian. The commissioner may require a good and sufficient bond from the custodian and place him in charge as his representative.