Section 18425.13 Of Article 4. Possession, Conservatorship, And Liquidation By The Commissioner From California Financial Code >> Division 7. >> Chapter 5. >> Article 4.
18425.13
. If a purchaser of any property or any bad or doubtful
debt or claim of a company cannot be obtained and it appears
improbable that recovery thereon can be had, and that the cost of
action to enforce collection of the same would probably be lost, the
superior court may direct that suit on the debt or claim need not be
brought.