Financial Code section 8227

Except as authorized by the commissioner, the conservator shall not retain special counsel or other experts, incur any expense other than normal operating expenses, or liquidate assets except in the ordinary course of operations.

Source: Section 8227, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=8227. (updated Jan. 1, 1984; accessed Jun. 18, 2026).

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Verified:
Jun. 18, 2026

§ 8227's source at ca.gov

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Location: https://california.public.law/codes/financial_code_section_8227

Original Source: Section 8227, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=FIN§ionNum=8227. (last accessed May 12, 2025).