California Financial Code ARTICLE 1 - Possession by Commissioner

• Section 17621.
  Whenever it appears to the commissioner that any escrow agent subject to this division:(a) Is in an insolvent condition;(b) Is conducting escrow business in an unsafe or...
• Section 17622.
  Whenever the commissioner has taken possession of any licensee, such licensee, within 10 days after such taking, if it deems it is aggrieved thereby, may...
• Section 17623.
  An appeal from a judgment enjoining the commissioner from further proceedings and directing the commissioner to surrender the business, property, and assets to the licensee...
• Section 17625.
  If the commissioner’s demand for the possession of the property, business and assets is not complied with within 24 hours after service of the demand,...
• Section 17626.
  When the commissioner takes possession of the property, business and assets of any licensee, such licensee or the president and secretary of such licensee shall...
• Section 17627.
  The commissioner may issue subpoenas and require the attendance of parties for examination under this article as provided for in this chapter.(Amended by Stats. 2002,...
• Section 17628.
  When the commissioner takes possession of the business, property, and assets of a licensee, he may appoint a custodian. The commissioner may require a good...
• Section 17629.
  When the commissioner takes possession of the property, business, and assets of a licensee, he may collect all money due to such licensee and give...

Last modified: October 22, 2018