California Financial Code 675 – The commissioner, in the name of the delinquent licensee or in his or …
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The commissioner, in the name of the delinquent licensee or in his or her own name, may prosecute and defend any and all actions and other legal proceedings appropriate or necessary to the liquidation of the licensee.
(Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.)
Terms Used In California Financial Code 675
- Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.