California Law (Last Updated: March 4, 2014) |
Financial Code - FIN |
Division 5. CREDIT UNIONS |
Chapter 9. Merger, Dissolution and Conversion |
ARTICLE 2. Dissolution |
Section 15259.
Latest version.
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At any time during the liquidation process, the committee or the liquidating agent in charge of liquidation may be relieved of their duties at the discretion of the commissioner and the commissioner shall thereafter act as the liquidating agent or appoint a liquidating agent to complete the dissolution of the credit union.
(Added by Stats. 1979, Ch. 112.)