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536A.19 Receivership---liquidation.

If the superintendent shall revoke the license of any industrial loan company the superintendent shall promptly report the revocation to the attorney general of Iowa who may apply to the district court of the county in which the licensee had conducted its business for the appointment of a receiver to take possession of the assets of the corporation for the purpose of liquidating its affairs.

Section History: Early form

[C66, 71, 73, 75, 77, 79, 81, § 536A.19]


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