§ 603 Commissioner Liquidation Authority

• •If a business with a special license is in big trouble, the government can take over.
• •The government can then decide to either close the business down or try to fix it.
• •This rule is for businesses that have a license, like banks or insurance companies.

A small bank is failing and can't pay its customers their money back.

The government can step in, take control of the bank, and either shut it down or try to save it so people get their money.