Whenever the commissioner has taken possession of the property and business of a licensee he may petition the superior court for the appointment of a receiver to liquidate the affairs of the licensee.
(Added by Stats. 1963, Ch. 2130.)
Fin. Code § 17636, under Liquidation by the Commissioner.
Fin. Code § 17636
Whenever the commissioner has taken possession of the property and business of a licensee he may petition the superior court for the appointment of a receiver to liquidate the affairs of the licensee.
(Added by Stats. 1963, Ch. 2130.)