§ 670 Upon taking possession of the property and business of a licensee …
§ 671 The commissioner may sell any real or personal property of the …
§ 672 (a) The commissioner may, with the approval of the court, sell …
§ 673 Within six months after taking possession of the property and …
§ 674 The commissioner, in his or her own name or in the name of the …
§ 675 The commissioner, in the name of the delinquent licensee or in his or …
§ 676 The commissioner from time to time shall deposit all moneys coming …
§ 677 The commissioner shall make an inventory of the assets of the …
§ 678 When the time fixed for the presentation of claims has expired, the …
§ 679 The commissioner shall cause notice to be given by advertisement in …
§ 680 All claims of every kind against the licensee or against any property …
§ 681 At any time and from time to time after the expiration of the time …
§ 682 (a) Expenses and claims of unsecured creditors have priority in …
§ 683 Objections to any claim not rejected by the commissioner may be made …
§ 684 Dividends remaining unpaid and any sums available for payment of …
§ 685 Whenever, under the provisions of this article, the commissioner is …
§ 686 All approved claims of customers and other creditors shall bear …
§ 687 If the licensee has in its possession for safekeeping or storage any …
§ 688 On the last day fixed in the notice for the removal of the property …
§ 689 If any property is not removed within the time fixed by the notice …
§ 690 (a) When the commissioner has completed the liquidation of the …
§ 691 Whenever this article requires court approval of any step in the …
§ 692 Whenever, in the opinion of the commissioner, the liquidation or …

Terms Used In California Codes > Financial Code > Division 1 > Chapter 7 > Article 4 - Liquidation of an Uninsured Licensee

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • 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
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • established name: means either of the following:

    California Health and Safety Code 111225

  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiduciary: A trustee, executor, or administrator.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Person: means any person, firm, association, organization, partnership, business trust, corporation, limited liability company, or company. See California Health and Safety Code 19
  • Person: includes any person, firm, partnership, association, corporation, company, limited liability company, syndicate, estate, trust, business trust, or organization of any kind. See California Financial Code 18
  • Personal property: All property that is not real property.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23
  • Trustee: A person or institution holding and administering property in trust.
  • Writing: includes any form of recorded message capable of comprehension by ordinary visual means. See California Financial Code 8