Cal. Fin. Code § 686

Current through the 2023 Legislative Session.
Section 686 - Interest on approved claims

All approved claims of customers and other creditors shall bear interest at the rate provided by law on judgments from the date that the commissioner takes possession of the property and business of the licensee.

Ca. Fin. Code § 686

Added by Stats 2011 ch 243 (SB 664),s 2, eff. 1/1/2012.