Cal. FIN § 1206
This is the official text of Cal. FIN § 1206, part of California’s Financial Code — regulates banks, credit unions, lenders, and other financial institutions.
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Official statutory text
The commissioner may impose conditions in any permit issued under Section 1205, requiring the deposit in escrow of securities, imposing a legend condition restricting the transferability thereof, impounding the proceeds from the sale thereof, limiting the expense in connection with the sale thereof, or such other conditions as he or she deems reasonable and necessary or advisable in the public interest.
Status: in_force · Read it on the official government site
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