California Financial Code
§ 12307.3
FIN § 12307.3Div. 3 · Ch. 4
Statute text
View on leginfo.ca.govWhenever as a result of an examination or report it appears to the commissioner that:
(a)The capital of any licensee is impaired;
(b)Any licensee is conducting its business in such an unsafe or injurious manner as to render its further operations hazardous to the public;
…
Legislative history
Added by Stats. 1963, Ch. 1817.