California Financial Code Section 31503

CA Fin Code § 31503 (2017)  

The commissioner may by order require a licensee to write down any asset on its books and records to a valuation which represents its then value.

(Amended by Stats. 1996, Ch. 1064, Sec. 663. Effective January 1, 1997. Operative July 1, 1997.)

Last modified: October 25, 2018