The commissioner may, at any time, require a licensee to write down any asset held by the licensee to a valuation that will represent the asset’s then fair market value.
(Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)
Section 336
Fin. Code § 336, under Commissioner of Financial Protection and Innovation.
Fin. Code § 336