California § 17630 - If any facts occur which would entitle the commissioner under Section 17621 to ta
Full text of California Public Contract Code - PCC § 17630 — If any facts occur which would entitle the commissioner under Section 17621 to ta, with citation guidance and answers to common questions.
§ 17630. If any facts occur which would entitle the commissioner under Section 17621 to ta
If any facts occur which would entitle the commissioner under Section 17621 to take possession of the property, business and assets of a licensee the commissioner may appoint a conservator of a licensee and require of him such bond as the commissioner deems proper. The commissioner may also, upon the request of the board of directors of a licensee, appoint a conservator of such licensee and require of him such bond as the commissioner deems proper. The conservator, under the direction of the commissioner, shall take possession of the property, business and assets of the licensee and take such action as he may deem necessary to conserve the assets of such licensee pending further disposition of its business. The conservator shall retain such possession until the property, business and assets of the licensee are returned to the licensee or until further order of the commissioner.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 17630
What does Public Contract Code - PCC § 17630 cover?
Section 17630 ("If any facts occur which would entitle the commissioner under Section 17621 to ta") 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 § 17630?
A common citation format is "Public Contract Code - PCC § 17630" (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 § 17630 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.