California · Financial Code
FIN §675: The commissioner, in the name of the delinquent licensee or in his or her own name, may prosecute and defend any and all actions and other legal proceedings appropriate or necessary to the liquidation
What this law says, in plain English
The commissioner may bring or defend legal proceedings in the name of a delinquent licensee or their own name for liquidation purposes.
Read the full statutory text
The commissioner, in the name of the delinquent licensee or in his or her own name, may prosecute and defend any and all actions and other legal proceedings appropriate or necessary to the liquidation of the licensee.
Verify at the official source: California legislative text
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