Financial Code section 18420.7

The commissioner may require a conservator or liquidator to provide such bond as the commissioner deems proper. The conservator or liquidator shall receive a salary, fixed by the commissioner, in an amount no greater than that which would be paid by the commissioner to a special deputy commissioner in charge of the liquidation of the company.

Source: Section 18420.7, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=FIN§ionNum=18420.­7.­ (accessed Apr. 24, 2025).

Last Updated

Apr. 24, 2025

§ 18420.7’s source at ca​.gov