Section 8158 Of Article 4. Reports And Examinations From California Financial Code >> Division 2. >> Chapter 7. >> Article 4.
8158
. (a) The commissioner, or any department employee authorized
by the commissioner, shall have free access to all books and records
of an association, savings and loan holding company, and any of their
subsidiaries that relate to the business of the association, holding
company, or subsidiary, and to the books and records kept by any
officer, agent, or employee that relate to the business of the
association, holding company, or subsidiary.
(b) The commissioner, or any department employee authorized by the
commissioner, may summon witnesses and administer oaths or
affirmations in the examination of the directors, officers, agents,
or employees of any association, savings and loan holding company,
any of their subsidiaries, or any other person, in relation to their
affairs, transactions, and conditions, and may require and compel the
production of records, books, papers, contracts, or other documents
by court order, if not voluntarily produced.
(c) This section applies to all parties designated in subdivisions
(a) and (b) when an association is placed in conservatorship or
receivership.