18501. The commissioner shall give prompt notice to Guaranty Corporation when the commissioner takes possession of the property and business of a member and shall give further prompt notice when the commissioner determines to liquidate the property and business of a member.(Added by Stats. 1976, Ch. 964.)
California Legal Code
§ 18501
Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FIN&division=7.&title=&part=&chapter=7.&article=2.· Version 2026