reglab/housing_qa huggingface dataset:
CA Fin Code § 17639 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17639.

17639.  After the issuance of an order of liquidation under Section 17635, any of the following transactions occurring within four months prior to the application for such order shall be voidable by the commissioner if such transaction has the effect of giving to or enabling any creditor of the licensee to obtain a preference over any other creditor, or to obtain a greater percentage of his debt than any other creditor:(a) A transfer of property of the licensee.(b) The creation of a lien upon the property of the licensee.(c) The suffering of a judgment against such person.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 17640 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17640.

17640.  If the commissioner is in possession of the business, property, and assets of a licensee, whether or not he is liquidating the affairs of such licensee, the commissioner may:(a) Apply to the superior court of the county in this State in which the principal office of the licensee is located for an order confirming any action taken by the commissioner, or authorizing the commissioner to do any act or execute any instrument not expressly authorized by this part. The order shall be given after a hearing on such notice as the court prescribes.(b) Pay and discharge any secured claims against the licensee, whether or not such claims have been presented for payment. No secured claim shall be paid in an amount larger than the value of the security at the time of payment.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 17641 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17641.

17641.  Claims for damages resulting from the disaffirmance of an executory contract or lease by the commissioner may be filed and allowed. No claim of a landlord for damages resulting from the disaffirmance of an unexpired lease of real property or under any covenant of such lease shall be allowed in an amount exceeding the rent reserved by the lease, without acceleration, for the year succeeding the date of the surrender of the premises plus the amount of any unpaid accrued rent without acceleration. Any such claim must be filed within 30 days of the date of such disaffirmance.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 17642 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17642.

17642.  When the commissioner determines to liquidate a licensee, he shall cause an inventory of all the assets of the licensee to be made in duplicate, file the original with the court, and file the duplicate in his office.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 17643 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17643.

17643.  When the commissioner determines to liquidate a licensee he shall cause notice to be given by publication once a week for four successive weeks in some newspaper of general circulation published at or near the principal place of business in this State of such licensee, to all persons having claims against the licensee as creditors, investors, or otherwise, requiring them to present and file their claims and make legal proof thereof at a place and within a time designated in such publication. The time shall be not less than six months after the first publication. Within 10 days after the first publication the commissioner shall cause a copy of such notice to be mailed to all persons whose names appear of record upon the licensee’s books as creditors, or as parties to an uncompleted escrow transaction.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 17644 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17644.

17644.  All claims, demands, or causes of action of creditors, and persons other than the parties to an escrow transaction against the licensee or against any property owned or held by it in trust or otherwise, must be presented to the commissioner in writing, verified by the claimant, or someone in his behalf, within the period specified in the notice for the presentation of claims, whether or not an action is pending to enforce any such claim or demand. The commissioner shall not approve any claim not so presented, and any such claim, demand or cause of action not so presented is forever barred.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 17645 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17645.

17645.  Upon the expiration of the time fixed for the presentation of claims, the commissioner shall prepare in duplicate a full and complete schedule of all claims presented, specifying by classes those that have been approved and those that have been disapproved and shall file the original with the court and the duplicate in his office.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 17646 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17646.

17646.  Not later than five days after the time of filing the schedule of claims with the court, written notice shall be mailed to all claimants whose claims have been rejected. Action to enforce the payment of or to establish any rejected claim must be brought and service had within four months from and after the date of filing of the schedule of claims with the proper court or all such actions are forever barred.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 17647 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17647.

17647.  Regardless of any law of this state, the judges of the superior court of the county in this state in which the principal office of the licensee is located may, whenever the judges deem it necessary or advisable, hold hearings relating to the sale, exchange, or other disposition of any real property or any personal property of the licensee regardless of the location of the property. The hearings shall be held at the county seat of any county in this state or at the places in the home county of the superior court at which sessions are held.(Amended by Stats. 2003, Ch. 149, Sec. 12. Effective January 1, 2004.)
CA Fin Code § 17648 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17648.

17648.  If it appears improbable that anything can be realized from any property of the licensee and that the cost of maintaining, preserving, or protecting the property would probably be lost, the court may direct the commissioner to abandon the property.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 17649 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17649.

17649.  For the purpose of executing and performing any of the powers and duties conferred upon him by this article, the commissioner may in the name of the licensee or in his own name prosecute and defend any suit or other legal proceeding and may in the name of the licensee or in his own name as commissioner execute, acknowledge, and deliver any and all deeds, assignments, releases, requests for reconveyance, and other instruments necessary and proper to effectuate any sale of real or personal property or other transaction in connection with the liquidation of the licensee. Any deed, assignment, release, request for reconveyance, or other instrument executed pursuant to this section is valid and effectual for all purposes as though it was executed by the officers of such licensee with the authority of its board of directors.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 17650 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17650.

17650.  If any real property of the licensee sold by the commissioner is located in a county other than the county in which the application to the court for permission to sell the property was made, the commissioner shall cause a certified copy of the order authorizing or ratifying such sale to be recorded in the office of the recorder of the county in which the real property is located.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 17651 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17651.

17651.  When the commissioner has (a) fully liquidated all claims other than claims of stockholders, and (b) made due provision for any and all known but unclaimed liabilities, excepting claims of stockholders, and (c) paid all expenses of liquidation, then upon the written request of the holders of a majority of the stock of such licensee he shall deliver to the licensee or its trustees any surplus that then remains in his hands, together with all the records and effects. The licensee or its trustees shall have title to such surplus, records, and effects free from any claim of the commissioner.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 17652 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17652.

17652.  Upon the payment of a final dividend in liquidation, the commissioner shall prepare and file with the court a full and final statement of the liquidation, including a summary of the receipts and disbursements, and a duplicate of such statement shall be filed in the office of the commissioner. After hearing and approval by the court, the liquidation shall be closed.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 17653 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17653.

17653.  In making its order approving the commissioner’s final statement of the liquidation of a licensee, the court shall determine the amounts of the liquidating dividends to which claimants and investors are entitled but that then remain unpaid or unclaimed in the hands of the commissioner. The order of the court shall direct the commissioner to deposit the amounts with the Controller. All amounts so deposited shall be deemed to be deposited with the Controller under Chapter 7 (commencing with Section 1500) of Title 10 of Part 3 of the Code of Civil Procedure, and may be recovered in the manner prescribed in that chapter.(Amended by Stats. 1996, Ch. 860, Sec. 6. Effective January 1, 1997.)
CA Fin Code § 17654 (2021)
2021 California Code|Financial Code - FIN|DIVISION 6 - ESCROW AGENTS|CHAPTER 6 - Liquidation and Conservatorship|ARTICLE 3 - Liquidation by the Commissioner|Section 17654.

17654.  The order of the court approving the final statement on liquidation shall provide for the destruction or other disposition of the books and records of the licensee or pertaining to the liquidation of the licensee, and the court may declare the licensee dissolved as a corporation.(Added by Stats. 1963, Ch. 2130.)
CA Fin Code § 18000 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18000.

18000.  This division shall be known and may be cited as the “Industrial Loan Law,” the “Industrial Banking Law,” or the “Thrift and Loan Law.”(Amended by Stats. 1998, Ch. 827, Sec. 2. Effective January 1, 1999.)
CA Fin Code § 18001 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18001.

18001.  The definitions given in this article govern the construction of this division unless the context otherwise requires.(Repealed and added by Stats. 1976, Ch. 964.)
CA Fin Code § 18002 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18002.

18002.  “Commissioner” means the Commissioner of Business Oversight.(Amended by Stats. 2013, Ch. 353, Sec. 64. (SB 820) Effective September 26, 2013. Operative July 1, 2013, by Sec. 129 of Ch. 353.)
CA Fin Code § 18002.5 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18002.5.

18002.5.  “Department” means the Department of Business Oversight.(Amended by Stats. 2014, Ch. 401, Sec. 32. (AB 2763) Effective January 1, 2015.)
CA Fin Code § 18003 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18003.

18003.  “Industrial loan company,” “thrift and loan company,” or “company” as used in this division means a premium finance agency as defined in Section 18560. Notwithstanding any other provision of this chapter, these terms and this division do not apply to an industrial bank subject to, and governed by, Chapter 15 (commencing with Section 1530) of Division 1.1.(Amended by Stats. 2013, Ch. 334, Sec. 66. (SB 537) Effective January 1, 2014.)
CA Fin Code § 18003.1 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18003.1.

18003.1.  “Investment and loan” means an industrial loan company.(Added by Stats. 1990, Ch. 623, Sec. 2.)
CA Fin Code § 18003.2 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18003.2.

18003.2.  (a)Any reference in a provision of any statute or regulation of this state to an industrial loan company or a thrift and loan company means an insurance premium finance agency as defined in Section 18560.(b) Subdivision (a) does not apply in any of the following cases:(1) In case the provision or a related provision expressly provides otherwise.(2) In the case of any provision of Division 1 (commencing with Section 99) or Division 1.5 (commencing with Section 4800).(Added by Stats. 2000, Ch. 1015, Sec. 52. Effective September 30, 2000.)
CA Fin Code § 18003.5 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18003.5.

18003.5.  (a) When used with respect to an industrial loan company, “insured” means an industrial loan company that is insured by the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act (12 U.S.C. Sec. 1811 et seq.).(b) When used with respect to an investment certificate, “insured” means an investment certificate that is insured by the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act (12 U.S.C. Sec. 1811 et seq.).(Repealed and added by Stats. 1998, Ch. 827, Sec. 4. Effective January 1, 1999.)
CA Fin Code § 18003.6 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18003.6.

18003.6.  “Certificate of deposit” as that term is used by an industrial loan company licensed under this division means an investment certificate representing the obligation of an industrial loan company to repay a nondemand deposit as deposit is defined in Section 3(1) of the Federal Deposit Insurance Act.(Added by Stats. 1994, Ch. 129, Sec. 1. Effective January 1, 1995.)
CA Fin Code § 18003.7 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18003.7.

18003.7.  “Demand deposit” means investment or thrift certificates in account, passbook, or certificate form which are redeemable and payable upon demand to the owner.(Added by Stats. 1999, Ch. 345, Sec. 1. Effective January 1, 2000.)
CA Fin Code § 18004 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18004.

18004.  “Borrower” means the person receiving the proceeds or benefits of a loan.(Repealed and added by Stats. 1976, Ch. 964.)
CA Fin Code § 18005 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18005.

18005.  “Consumer loan or consumer obligation” means a loan made to, or an obligation incurred by, a natural person in which the money loaned, or the property delivered or service rendered under the obligation is primarily for personal, family, or household purposes.(Added by Stats. 1976, Ch. 964.)
CA Fin Code § 18006 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18006.

18006.  “Primarily secured by real property”, as used in this division, means the fair market value of the real property less prior encumbrances, at the time the loan is made or other obligation is acquired, is more than 50 percent of the principal amount owing on the loan or obligation.(Added by Stats. 1976, Ch. 964.)
CA Fin Code § 18007 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18007.

18007.  “Charges”, as used in this division, include the aggregate interest, fees, bonuses, commissions, brokerage, discounts, expenses, and other forms of costs charged, contracted for, or received by an industrial loan company or any other person in connection with the investigating, arranging, negotiating, procuring, guaranteeing, making, servicing, collecting, or enforcing of a loan, or for forbearance of money, credit, goods, things in action, or any other service or services rendered.(Added by Stats. 1976, Ch. 964.)
CA Fin Code § 18008 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18008.

18008.  “Charges” also include any profit or advantage of any kind that any person may contract for, collect, receive, or in any manner obtain by a collateral sale, purchase, or agreement, in connection with the negotiating, arranging, making, or otherwise in connection with any loan, except commissions received on insurance sold as provided in this division.(Added by Stats. 1976, Ch. 964.)
CA Fin Code § 18009 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18009.

18009.  “Principal amount”, as used in this division, means the net amount of money, credit, goods, or things in action received by the debtor or borrower or disbursed on the borrower’s instructions at the time of entering into the transaction.(Added by Stats. 1976, Ch. 964.)
CA Fin Code § 18010 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18010.

18010.  “Principal balance”, and “face amount” as used in this division, means the unpaid balance of a loan or other obligation.(Amended by Stats. 1979, Ch. 270.)
CA Fin Code § 18011 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18011.

18011.  “Affiliated company”, as used in this division, is a company under substantially the same management or control, directly or indirectly, as the industrial loan company.(Added by Stats. 1976, Ch. 964.)
CA Fin Code § 18011.1 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18011.1.

18011.1.  “Affiliate” means an affiliated company or a person who, directly or indirectly, controls over 10 percent of the voting stock of an industrial loan company.(Added by Stats. 1996, Ch. 467, Sec. 1. Effective January 1, 1997.)
CA Fin Code § 18012 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18012.

18012.  “Corporate Securities Law” means the Corporate Securities Law of 1968, Division 1 (commencing with Section 25000) of Title 4 of the Corporations Code.(Added by Stats. 1976, Ch. 964.)
CA Fin Code § 18013 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18013.

18013.  “Outstanding loans and obligations,” as used in this division, means total outstanding loans and obligations, including lease obligations, less unearned interest or charges, unearned discount, reserve or allowance for losses, and other applicable allowances or deductions as determined by regulation of the commissioner.(Amended by Stats. 1979, Ch. 911.)
CA Fin Code § 18014 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18014.

18014.  “Obligation” as used in Sections 18265, 18271, 18272, and 18343 includes lease obligations as authorized by Section 18310.(Added by Stats. 1979, Ch. 911.)
CA Fin Code § 18015 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18015.

18015.  “Lease obligation” as used in this division, means a lease contract entered into by an industrial loan company as lessor.(Added by Stats. 1979, Ch. 911.)
CA Fin Code § 18016 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18016.

18016.  “Investment certificates ratio”, as used in this division, means the ratio of the aggregate sum of all of the outstanding investment certificates, exclusive of those hypothecated with the company issuing them, of a company to the aggregate amount of its paid-up and unimpaired capital and unimpaired surplus declared not available for dividends pursuant to Section 18319.(Added by renumbering Section 18373 by Stats. 1985, Ch. 142, Sec. 7. Effective July 1, 1985.)
CA Fin Code § 18016.5 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18016.5.

18016.5.  “Premium finance agency” has the meaning set forth in Section 18560.(Added by Stats. 1998, Ch. 827, Sec. 5. Effective January 1, 1999.)
CA Fin Code § 18017 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18017.

18017.  “Assets,” as used in this division, means all assets excluding intangibles.(Added by Stats. 1986, Ch. 680, Sec. 1.)
CA Fin Code § 18018 (2021)
2021 California Code|Financial Code - FIN|DIVISION 7 - INDUSTRIAL LOAN COMPANIES|CHAPTER 1 - General Provisions|ARTICLE 1 - Definitions|Section 18018.

18018.  “Capital,” as used in this division, consists of all of the following:(a) Capital stock.(b) Primary capital to the extent not included in capital stock.(c) Secondary capital.(Added by Stats. 1989, Ch. 663, Sec. 1. Operative January 1, 1991, by Sec. 20 of Ch. 663.)