California Financial Code

§ 18420.7

FIN § 18420.7 Effective Jul 1, 1985Div. 7 · Ch. 5 · Art. 4

Statute text

The commissioner may require a conservator or liquidator to provide such bond as the commissioner deems proper. The conservator or liquidator shall receive a salary, fixed by the commissioner, in an amount no greater than that which would be paid by the commissioner to a special deputy commissioner in charge of the liquidation of the company.

Legislative history

Added by Stats. 1985, Ch. 140, Sec. 1. Effective July 1, 1985.