Section 18494 Of Article 2. General From California Financial Code >> Division 7. >> Chapter 7. >> Article 2.
18494
. Whenever the commissioner has taken possession of the
property and business of Guaranty Corporation, Guaranty Corporation
within 10 days after such taking, if it deems itself aggrieved
thereby, may apply to the superior court in the county in which the
head office of Guaranty Corporation is located to enjoin further
proceedings. The court, after citing the commissioner to show cause
why further proceedings should not be enjoined, and after a hearing
and a determination of the facts upon the merits, may dismiss such
application or enjoin the commissioner from further proceedings and
direct him to surrender the property and business to Guaranty
Corporation, or make such further order as may be just.