California Financial Code
§ 31503
FIN § 31503 Effective Jan 1, 1997Div. 15 · Ch. 7
Statute text
View on leginfo.ca.govThe commissioner may by order require a licensee to write down any asset on its books and records to a valuation which represents its then value.
Legislative history
Amended by Stats. 1996, Ch. 1064, Sec. 663. Effective January 1, 1997. Operative July 1, 1997.