Financial Code section 17628

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.

Source: Section 17628, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=17628. (updated Jan. 1, 1963; accessed Jun. 24, 2026).

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Up to date

Verified:
Jun. 24, 2026

§ 17628's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_17628

Original Source: Section 17628, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=17628. (last accessed May 12, 2025).