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California Financial Code

§ 686

FIN § 686 Effective Jan 1, 2012Div. 1 · Ch. 7 · Art. 4

Statute text

View on leginfo.ca.gov
All approved claims of customers and other creditors shall bear interest at the rate provided by law on judgments from the date that the commissioner takes possession of the property and business of the licensee.

Legislative history

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

Source: California Financial Code § 686 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.