Financial Code section 504

The commissioner, for good cause, at any time and from time to time may employ appraisers to appraise the value of any investment, asset, or property held or upon which a lien is held as security for a loan. The bank, trust company, or foreign banking corporation shall pay to the commissioner on demand the cost of such appraisal.

Source: Section 504, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=504. (updated Jan. 1, 2012; accessed Jun. 9, 2025).

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Last Updated

Jan. 1, 2012

§ 504’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_504

Original Source: Section 504, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=504. (last accessed May 12, 2025).