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California Financial Code

§ 336

FIN § 336 Effective Jan 1, 2012Div. 1 · Ch. 3 · Art. 2

Statute text

View on leginfo.ca.gov
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.

Legislative history

Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.

Source: California Financial Code § 336 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.