2011 California Code
Insurance Code
DIVISION 2. CLASSES OF INSURANCE [1880 - 12865]
ARTICLE 8. Conservatorship
Section 12564
Such conservator may, subject to the approval of the court, determine and prescribe the amount of interest and principal which may be paid out of the assets of such trust and the times of payment thereof, and may make, rescind or amend all such further rules, regulations and conditions relative to the conservation, management, control or liquidation of such trust as he deems advisable and in the best interests of the certificate holders.
(Enacted by Stats. 1935, Ch. 145.)
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