California Legal Codes and Statutes

§ 621

Added by Stats. 2011, Ch. 243, Sec. 2. (SB 664) Effective January 1, 2012.

The Federal Insurance Agency may be, and act as, a conservator, liquidator, or receiver without bond.

Cite this section

Cal. Fin. Code § 621 (2026)
https://ca.codecond.com/codes/fin/division-1-financial-institutions/chapter-7-liquidation-and-conservation/article-2-conservation-or-liquidation-of-an-insured-licensee/section-621

Other sections in Article 2 - Conservation or Liquidation of an Insured Licensee

§ 620§ 621§ 622§ 623§ 624

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.