Added by Stats. 1985, Ch. 140, Sec. 1. Effective July 1, 1985.
The commissioner shall have the authority to terminate the appointment of a conservator or liquidator whenever the commissioner deems it in the best interest of the company, its creditors, and investors. The commissioner shall file a copy of the notice of termination with the court.
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Other sections in Article 4 - Possession, Conservatorship, and Liquidation by the Commissioner