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§ 31503 — California Law | CourtGPT
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  3. California/
  4. Fin Code/
  5. Division 15 - Business and Industrial Development Corporations/
  6. Chapter 7 - Records, Reports, and Examinations/
  7. § 31503
California Legal Code

§ 31503

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31503. The commissioner may by order require a licensee to write down any asset on its books and records to a valuation which represents its then value.(Amended by Stats. 1996, Ch. 1064, Sec. 663. Effective January 1, 1997. Operative July 1, 1997.)

Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FIN&division=15.&title=&part=&chapter=7.&article=· Version 2026