The commissioner shall make an inventory of the assets of the licensee in duplicate and file one in the office of the commissioner and one with the clerk of the county in which the head office of the licensee is located to be filed with the papers in the liquidation proceedings. The inventory shall be open for inspection at all reasonable times.

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

Terms Used In California Financial Code 677

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • County: includes city and county. See California Financial Code 14