California Laws: Financial Code Sections 3220-3225
California Laws > Financial Code
- California Laws: Financial Code Section 3220
The Federal Deposit Insurance Corporation, in this article called the corporation, may be and act as the receiver without bond of any bank the deposits... - California Laws: Financial Code Section 3221
The commissioner, when he or she has taken possession of the property and assets of a closed insured bank for the purpose of liquidation and... - California Laws: Financial Code Section 3222
If the corporation accepts the appointment as such receiver, the rights of depositors and other creditors of the insured bank shall be determined in accordance... - California Laws: Financial Code Section 3223
The corporation as such receiver shall possess with respect to such closed insured bank all the powers, rights, and privileges given the commissioner under Article... - California Laws: Financial Code Section 3224
If the corporation pays or makes available for payment the insured deposit liabilities of a closed insured bank, the corporation, whether or not it has... - California Laws: Financial Code Section 3225
When acting as the receiver of a closed insured bank, the corporation with the consent of the commissioner and the approval of the court may...