California Code, FIN 18501.

California Code, FIN 18501.

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Financial Code - FIN

DIVISION 7. INDUSTRIAL LOAN COMPANIES [18000 - 18707] Â Â ( Division 7 repealed and added by Stats. 1976, Ch. 964. ) Â Â CHAPTER 7. Guarantee of Thrift Accounts [18475 - 18538] Â Â ( Chapter 7 added by Stats. 1976, Ch. 964. ) Â Â

ARTICLE 2. General [18490 - 18512] Â Â ( Article 2 added by Stats. 1976, Ch. 964. )

  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.)