Section 17651 Of Article 3. Liquidation By The Commissioner From California Financial Code >> Division 6. >> Chapter 6. >> Article 3.
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.