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§ 17628 — California Law | CourtGPT
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  5. Division 6 - Escrow Agents/
  6. Chapter 6 - Liquidation and Conservatorship/
  7. Article 1 - Possession by Commissioner/
  8. § 17628
California Legal Code

§ 17628

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17628. When the commissioner takes possession of the business, property, and assets of a licensee, he may appoint a custodian. The commissioner may require a good and sufficient bond from the custodian and place him in charge as his representative.(Added by Stats. 1963, Ch. 2130.)

Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FIN&division=6.&title=&part=&chapter=6.&article=1.· Version 2026