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Code · California · Financial Code

§ 18425.15

61 words·~1 min read·/ca/financial-code/18425-15

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Upon the payment of a final dividend in liquidation, the commissioner shall prepare and file with the court a full and final statement of the liquidation, including a summary of the receipts and disbursements, and a duplicate of the statement shall be filed in the office of the commissioner. After hearing and approval by the court, the liquidation shall be closed.
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