Financial Code section 645

If the commissioner is satisfied that it may be done safely and that it would be in the public interest, he or she may terminate a conservatorship and permit the licensee for whom a conservator was appointed to resume the transaction of its business under the direction of its board, subject to any terms, conditions, restrictions, and limitations as the commissioner may prescribe.

Source: Section 645, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=645. (accessed Jun. 2, 2025).

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Last Updated

May 12, 2025

§ 645’s source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_645

Original Source: Section 645, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=645. (last accessed May 12, 2025).