California § 17626 - When the commissioner takes possession of the property, business and assets of an
Full text of California Public Contract Code - PCC § 17626 — When the commissioner takes possession of the property, business and assets of an, with citation guidance and answers to common questions.
§ 17626. When the commissioner takes possession of the property, business and assets of an
When the commissioner takes possession of the property, business and assets of any licensee, such licensee or the president and secretary of such licensee shall make and deliver to the commissioner verified schedules of its property, assets, and funds held in escrow. The commissioner may at any time examine under oath any licensee, or any officer, director, trustee, agent, or employee of such licensee, to determine whether or not all such property, assets, and funds held in escrow have been transferred and delivered to his possession.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 17626
What does Public Contract Code - PCC § 17626 cover?
Section 17626 ("When the commissioner takes possession of the property, business and assets of an") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 17626?
A common citation format is "Public Contract Code - PCC § 17626" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 17626 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.