Financial Code section 643

While any licensee is in the hands of a conservator, the commissioner may require the conservator to set aside and make available for withdrawal by customers and for payment to other creditors on a ratable basis such amounts as in the opinion of the commissioner may safely be used for that purpose.

Source: Section 643, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=643. (updated Jan. 1, 2012; accessed Sep. 1, 2025).

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Verified:
Sep. 1, 2025

§ 643's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_643

Original Source: Section 643, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=643. (last accessed May 12, 2025).