California · Financial Code

FIN §647: The commissioner may assess and collect from all licensees for whom a conservator is appointed their ratable share of the costs incurred in the administration of this article.

What this law says, in plain English

A commissioner may collect costs from licensed entities under conservatorship, proportional to their share of administrative expenses related to the article.

Read the full statutory text

The commissioner may assess and collect from all licensees for whom a conservator is appointed their ratable share of the costs incurred in the administration of this article.

Verify at the official source: California legislative text

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