§ 17635 If at any time after taking possession of the property and business …
§ 17636 Whenever the commissioner has taken possession of the property and …
§ 17637 The commissioner may appoint one or more special deputies to assist …
§ 17638 In liquidating the affairs of a licensee the commissioner …
§ 17639 After the issuance of an order of liquidation under Section 17635, …
§ 17640 If the commissioner is in possession of the business, property, and …
§ 17641 Claims for damages resulting from the disaffirmance of an executory …
§ 17642 When the commissioner determines to liquidate a licensee, he shall …
§ 17643 When the commissioner determines to liquidate a licensee he shall …
§ 17644 All claims, demands, or causes of action of creditors, and persons …
§ 17645 Upon the expiration of the time fixed for the presentation of claims, …
§ 17646 Not later than five days after the time of filing the schedule of …
§ 17647 Regardless of any law of this state, the judges of the superior court …
§ 17648 If it appears improbable that anything can be realized from any …
§ 17649 For the purpose of executing and performing any of the powers and …
§ 17650 If any real property of the licensee sold by the commissioner is …
§ 17651 When the commissioner has (a) fully liquidated all claims other …
§ 17652 Upon the payment of a final dividend in liquidation, the commissioner …
§ 17653 In making its order approving the commissioner’s final statement of …
§ 17654 The order of the court approving the final statement on liquidation …

Terms Used In California Codes > Financial Code > Division 6 > Chapter 6 > Article 3 - Liquidation by the Commissioner

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • County: includes city and county. See California Health and Safety Code 14
  • County: includes city and county. See California Financial Code 14
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • department: means State Department of Health Services. See California Health and Safety Code 20
  • Director: means "State Director of Health Services. See California Health and Safety Code 21
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Ex officio: Literally, by virtue of one's office.
  • 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.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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
  • Writing: includes any form of recorded message capable of comprehension by ordinary visual means. See California Financial Code 8