§ 18420.6
45 words·~1 min read·
/ca/financial-code/18420-6A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The commissioner shall have the authority to terminate the appointment of a conservator or liquidator whenever the commissioner deems it in the best interest of the company, its creditors, and investors. The commissioner shall file a copy of the notice of termination with the court.